CIFR - ASC TRI breakout about to go
Bullish case, CIFR CIFR - ASC TRI breakout about to go
- Wulf has already broken out
- BTC will find support and most likely continue upside
- Multi year pattern
- Low volatility
- CLSK also at possible low point of triangle pattern
- As Blackrock long term needs more BTC on its ETF its better to buy up the supply chain and it has an unlimited supply of money it needs to invest each month as crypto becomes more mainstream there is increasing demand for the miners.
- Miners have loads of PCs just sitting there and AI needs a PC to run on - AI is exploding hence will buy up or do deals with existing miners as the halfing eventually decreases the need for all these banks of computers AI takes the main long term role
Disclaimer this is not advice, only for educational purposes
- Wulf has already broken out
- BTC will find support and most likely continue upside
- Multi year pattern
- Low volatility
- CLSK also at possible low point of triangle pattern
- As Blackrock long term needs more BTC on its ETF its better to buy up the supply chain and it has an unlimited supply of money it needs to invest each month as crypto becomes more mainstream there is increasing demand for the miners.
- Miners have loads of PCs just sitting there and AI needs a PC to run on - AI is exploding hence will buy up or do deals with existing miners as the halfing eventually decreases the need for all these banks of computers AI takes the main long term role
Disclaimer this is not advice, only for educational purposes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.