The Long Investor
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$CLSK
🕑 Added 2025-02-18 17:29:24 +0000 UTC$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.
Comments
Vic
Could you do an update please?
Seb
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?
JessyyRabbit
would love an update
Bath92
CLSK is on a continual bleed. Becoming a painful hold now. Needs a reversal
Scott Glover
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?
Joe
*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.
Thomas Nugent
Just curious Cap do you like CLSK, MARA, or RIOT better long term?
