Bitcoin miners look like they’re just getting started.
If crypto’s best moves are still ahead, then miners could be one of the best vehicles to play it through equities.
They’re high beta by nature, and lately institutions have been quietly taking big stakes, and tech giants are starting to partner with them.
The chart below shows the Valkyrie Bitcoin Miners ETF $WGMI knocking on the door of new all-time highs.
As long as this breakout sticks, miners are likely to embark on a fresh leg higher.
What makes it even more compelling is the relative strength these names have shown since the April lows.
As long as this line keeps rising, Bitcoin mining stocks will continue to outperform Bitcoin.
Steve just did a deep dive into the group, and the setups are lining up beautifully.
If this bull market in crypto still has legs, miners are likely to participate in a meaningful way.
I think this could finally be their turn to shine.
Yesterday, we doubled down on this theme with three new crypto trades in Breakout Multiplier. Get access to these trades by signing up and joining the team.