Six days ago on the morning of Wednesday, May 24th, NIA’s BTL Group (TSXV: BTL) was trading for $3.96 per share and NIA said it was “extremely confident” that BTL would break $5 per share by the end of the week. NIA explained that BTL had a “key breakout point” of $4.91-$4.92 per share. NIA said it was 100% sure BTL would immediately begin to explode north of $5 per share on massive volume as soon as it surpasses its $4.91-$4.92 key resistance level.
Less than 25 hours after NIA made its prediction, BTL successfully broke through its key breakout point of $4.91-$4.92 per share and exploded north of $5 per share – reaching a new all-time high on Thursday morning of $5.30 per share, up 33.84% from NIA’s alert 25 hours earlier and up 117.21% since NIA initially announced BTL as its #1 favorite Blockchain/Entereum stock suggestion on March 3rd at $2.44 per share!
On Friday, BTL dipped $0.45 or 8.82% to a closing price of $4.65 per share – due to Ethereum falling $24.41 or 13.78% to $152.68 as Bitcoin declined $263.80 or 11.1% to $2,113.20. Although U.S. markets were closed yesterday, the TSX was open and BTL rallied by $0.20 or 4.3% to $4.85 per share – as a result of Cryptocurrencies rebounding strongly!
Bitcoin finished yesterday at $2,193.40 up $80.20 or 3.8% from its Friday closing price of $2,113.20. The biggest winner yesterday was Ethereum, which finished at $188.67 up $35.99 or 23.57% from its Friday closing price of $152.68!
Today, both Bitcoin and Ethereum are continuing to rally strong! Bitcoin is up this morning by $61.77 or 2.82% to $2,255.17. Ethereum is continuing to far outperform Bitcoin, with Ethereum up this morning by $24.54 or 13% to $213.21!
Remember, BTL is NOT a Bitcoin play, but is the world’s only publicly traded Ethereum technology play! After Ethereum’s HUGE upward move over the last 48 hours, Ethereum is now trading for $36.12 or 20.4% ABOVE its Thursday closing price when BTL finished at $5.10 per share! In comparison, Bitcoin is still down $121.83 or 5.1% from its close on Thursday.
With Ethereum now up 20.4% from its Thursday close, NIA predicts that we will see BTL rapidly rise to a very minimum of $6.14 per share over the next 2-3 trading days, which is 20.4% above BTL’s Thursday closing price of $5.10 per share!
In recent days, there has been a lot of talk in the media about how Blockchain technology could soon revolutionize the energy trading industry. Last night, Bloomberg published a major article entitled ‘Europe’s Biggest Utilities Join Blockchain Energy Trading Trial’ that you can read by clicking here. Amazingly, Coin Desk also published their own article this morning about several other European energy giants that are also planning to invest big into Ethereum-based Blockchain technology! You can read this morning’s Coin Desk article by clicking here!
BTL is the most established Ethereum-based Blockchain technology company targeting the energy sector! In February 2017, BTL launched a major revenue generating European energy pilot involving Wien Energie (the largest utility company in Austria) and two other leading energy firms to explore the application of Interbit to energy trading. The pilot is focused on applying Interbit to the trade confirmation and reducing the costs associated with energy trading.
Within the next week or two, NIA expects to see HUGE news from BTL announcing the launch of their first ever North American focused energy pilot! BTL hasn’t yet mentioned this project in any previous press releases but their new powerpoint presentation indicates that they have been secretly developing a major North American energy pilot for months with a launch targeted for 2Q 2017, which means the launch is likely to occur in June!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.