SamSuka
The Long Investor
The Long Investor

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$CLSK

$CLSK has been consolidating and it remains at the mercy of $BTC still.

A larger triangle has formed here too and this is typical on a consolidation period too

Bearish indications show that the price is still below the 50 and 200 Day MA and the strong resistance/support line at $14.90

If the price can continue to stay in the triangle until $BTC decides on its next direction, then that's the best holders can expect right now I believe.

I would still prefer to hold $CLSK over $MSTR.

$CLSK

Comments

Could you do an update please?

Vic

8.03 has been infringed as it went to 7.80 on Feb 25th. So does this mean we will have a broader further correction?

Seb

would love an update

JessyyRabbit

CLSK is on a continual bleed. Becoming a painful hold now. Needs a reversal

Bath92

ive been in the miners for a long time. CLSK to me is the best one as they hold what they mine and they diluted but at least they grew the business to 40 e/h and said no dilution to 50 e/h holding over 10k bitcoins that they can mine for 36k seems to me like a massive gross margin no?

Scott Glover

*Holding CLSK myself

Joe

Not the cap, but the miners aren’t a good hold for long term. They tend to dilute shares to raise capital for operations etc and then the share value drops. This is how they work. BTC ETFs like ibit is a better hold for long term as it moves 1:1 to BTC. I learned this the hard way.

Joe

Just curious Cap do you like CLSK, MARA, or RIOT better long term?

Thomas Nugent


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