CLSK, a point of no return once it reverse to the UPSIDE.
Updated
CLSK monthly data is conveying huge accumulation / net buying from the 3.0 levels. This level has been no question the most important order block level where buyers converge.
A prospect of a generous upward momentum from this price level will be inevitable.
Spotted at 3.5
TAYOR.
Be mindful on safeguarding capital, always.
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Related Fundamental News:
Cleanspark boosts mining capacity with new machinery worth 1145 Million.
👉 The US-based cryptocurrency miner
CLSK (Cleanspark Inc) purchased 45,000 units of the Antminer S19 XP 
BTC mining machines for $144.9 million.
👉 The current computing power of CleanSpark is 6.7 EH/s, while the installation of the new equipment is expected to push it to 13 EH/s.
👉 According to the deal, the manufacturer will distribute 25,000 units in August, while the remaining 20,000 should arrive in September. CleanSpark plans to deploy all of them at its mining facility in Sandersville, Georgia.
👉 CleanSpark CEO Zach Bradford said the Antminer S19 XP is “the most power-efficient bitcoin mining machine available in the market today” and raised hopes it will turn into a “key component” for the company’s operations.
👉 He explained that the multi-million purchase and the delivery of first-class machinery is part of the firm’s strategy prior to the Bitcoin halving that is expected to occur in the spring of 2024.
👉 The pivotal event, reducing the rate at which new coins are created, will cut block rewards in half – from the current 6.25 BTC to 3.125 BTC. Many experts believe the process will fuel a price surge of the primary cryptocurrency, similar to previous occasions.
A prospect of a generous upward momentum from this price level will be inevitable.
Spotted at 3.5
TAYOR.
Be mindful on safeguarding capital, always.
-----------
Related Fundamental News:
Cleanspark boosts mining capacity with new machinery worth 1145 Million.
👉 The US-based cryptocurrency miner
CLSK (Cleanspark Inc) purchased 45,000 units of the Antminer S19 XP BTC mining machines for $144.9 million.👉 The current computing power of CleanSpark is 6.7 EH/s, while the installation of the new equipment is expected to push it to 13 EH/s.
👉 According to the deal, the manufacturer will distribute 25,000 units in August, while the remaining 20,000 should arrive in September. CleanSpark plans to deploy all of them at its mining facility in Sandersville, Georgia.
👉 CleanSpark CEO Zach Bradford said the Antminer S19 XP is “the most power-efficient bitcoin mining machine available in the market today” and raised hopes it will turn into a “key component” for the company’s operations.
👉 He explained that the multi-million purchase and the delivery of first-class machinery is part of the firm’s strategy prior to the Bitcoin halving that is expected to occur in the spring of 2024.
👉 The pivotal event, reducing the rate at which new coins are created, will cut block rewards in half – from the current 6.25 BTC to 3.125 BTC. Many experts believe the process will fuel a price surge of the primary cryptocurrency, similar to previous occasions.
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So far so good for CLSK. Price growth may continue...Trade active
Up by almost +80%. Congrats holders. More to go.Trade active
MACRO VIEW: TRI-MONTHLY DATA UPDATEFirst bubble up volume finally re-appeared after 2.5 years -- conveying a trend shift. Expect some significant price movements from now on.
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CLSK corrected extensively back to its original weekly base range.Now at attempt to reverse to the upside anew has been initiated.
Signficant net buying registered. Expect a retest of 7.0 price range in the next few weeks.
Spotted at 3.70
TAYOR.
Safeguard funds always.
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Daily data update:Things are looking up for CLSK.
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Another good rise today.Congrats holders. :)
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CLSK getting all its holders spoiled.Another good rise.
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New higher base has been cemented for the next runup to 30.0 soon.Trade active
CLSK is back at bargain levels are the correction.
Buyers are back again this past 48 hours positioning for that possible x2 gain prospect.
Spotted at 11.0
Interim target at x2.
TAYOR.
Note
sorry typo... CLSK is back at bargain levels after the correction.*Trade active
Long term data metrics update:
CLSK has started shifting to the upside breaking its long term down trend.
This is now aiming to tap back its x2 levels peak at 20.0 from its current range of 10.0
TAYOR.
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REITERATION: STRONG BUY / HOLD.
This is starting to shift again, creating a higher base on its long term metrics.
Eyeing 20.0+ zone for an x2 return.
TAYOR.
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