BitMine (BMNR) stock experienced a 10% increase on November 27, 2025, yet it remains under a significant resistance level of $36.64. The stock's trajectory is heavily influenced by Ethereum's performance, with potential declines in ETH possibly driving BMNR below $28.89. Despite an improving Chaikin Money Flow (CMF) indicator, it remains negative, indicating persistent selling pressure. Analysts have projected BMNR's price could reach between $60 and $70, contingent on Ethereum's sustained strength, a breakthrough above $36.64, and a positive shift in CMF.
BitMine (BMNR) Stock Jumps 10% Amid Ethereum Correlation
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