BitMine appears well-positioned to capture upside from ETH strength. Based on historical correlation patterns, the analysis suggests that if Ethereum reaches $12,000, BitMine's BMNR token could be valued around $500 per share. This correlation-driven approach offers an interesting lens for understanding how BitMine's performance tends to track with major asset movements in the broader market.
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consensus_whisperer
· 12h ago
Wow, ETH reaching 12K, can it really happen like this? It depends on whether BitMine can withstand it.
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ChainSherlockGirl
· 12h ago
Haha, wait a minute. Is this correlation analysis serious? I need to check out BMNR's wallet addresses and see what the big players have been up to lately.
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ExpectationFarmer
· 12h ago
Relying on historical relevance for inference? Sounds like the same old trick again.
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goker1
· 12h ago
Wang Junkai, I love KFC.
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MEVHunter
· 12h ago
lol $500 per share on eth pumping to 12k? sounds like someone's been staring at correlation charts too long without checking the mempool for actual toxic flow patterns. historical correlations break the moment you need them most ngl
BitMine appears well-positioned to capture upside from ETH strength. Based on historical correlation patterns, the analysis suggests that if Ethereum reaches $12,000, BitMine's BMNR token could be valued around $500 per share. This correlation-driven approach offers an interesting lens for understanding how BitMine's performance tends to track with major asset movements in the broader market.