Cipher Mining is bouncing from a well-defined historical demand zone (1.70-2.30) — a level that has consistently marked the start of powerful upside cycles.
📈 Technical Highlights:
✅ Major demand zone tested and respected — clear accumulation area
✅ MACD bullish crossover and histogram turning green
✅ RSI reversal from deep oversold — momentum shifting early
✅ Strong historical pattern: Each prior touch of this zone led to +100% moves
📈 Targets for Partial Profit-Taking:
✔️ TP1: $4.21
✔️ TP2: $5.29
✔️ TP3: $7.76+ (matches analyst avg. target of ~$7.84)
No hard stop — this is a mid- to long-term investment setup
🧠 Investor Context:
✅Analysts maintain a Strong Buy rating (avg PT: ~$8)
✅Cipher turned profitable in Q4 2024 and is expanding rapidly
✅Black Pearl (150MW) site goes live in Q2 → +70% hashrate growth
✅High exposure to Bitcoin upside, plus future HPC potential
✅Ideal setup for those building exposure to crypto infrastructure at cycle lows
📌 Note: Not a short-term trade. This is a high-conviction equity idea built on technical structure and strong fundamentals. Treat it as a long-hold with scaling opportunities.
We’ll provide updates on earnings, expansion news, and macro signals as this plays out. 🔒📊
📈 Technical Highlights:
✅ Major demand zone tested and respected — clear accumulation area
✅ MACD bullish crossover and histogram turning green
✅ RSI reversal from deep oversold — momentum shifting early
✅ Strong historical pattern: Each prior touch of this zone led to +100% moves
📈 Targets for Partial Profit-Taking:
✔️ TP1: $4.21
✔️ TP2: $5.29
✔️ TP3: $7.76+ (matches analyst avg. target of ~$7.84)
No hard stop — this is a mid- to long-term investment setup
🧠 Investor Context:
✅Analysts maintain a Strong Buy rating (avg PT: ~$8)
✅Cipher turned profitable in Q4 2024 and is expanding rapidly
✅Black Pearl (150MW) site goes live in Q2 → +70% hashrate growth
✅High exposure to Bitcoin upside, plus future HPC potential
✅Ideal setup for those building exposure to crypto infrastructure at cycle lows
📌 Note: Not a short-term trade. This is a high-conviction equity idea built on technical structure and strong fundamentals. Treat it as a long-hold with scaling opportunities.
We’ll provide updates on earnings, expansion news, and macro signals as this plays out. 🔒📊
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.