Cipher Mining's stock price imploded during the AI overvaluation selloff from 25 to 12. It has since retraced the move back to 20 before pulling back to the 17 area. Based on its momentum and potential new data center deals at additional approved sites, I think this has a shot of retesting its highs of $25.
Idea would be invalidated if price closes below 17 again which is roughly a 10% stop loss.
Best of luck if tailing.
Idea would be invalidated if price closes below 17 again which is roughly a 10% stop loss.
Best of luck if tailing.
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