Canaan Technology’s Q3 revenue plunged 90% year over year to $14.5 million
Bull and bear cases:
Bullish view: The bad news is out, which means there’s one less uncertainty;
Bearish view: Confidence may be shaken, and short-term investors may hold back;
My take: Both sides have a point. The real question is which side the price and trading volume of $BTC support.
$BTC is currently quoted at 74260.09, down 0.76% over 24h, with a 24h range of 74115.65–75568.18.
Bull and bear cases:
Bullish view: The bad news is out, which means there’s one less uncertainty;
Bearish view: Confidence may be shaken, and short-term investors may hold back;
My take: Both sides have a point. The real question is which side the price and trading volume of $BTC support.
$BTC is currently quoted at 74260.09, down 0.76% over 24h, with a 24h range of 74115.65–75568.18.