Top Bitcoin Mining Stock Analysis #RIOT, #CLSK, #CIFR, #COIN
I have enjoyed making this video welcome back welcome back all the research I had to do click like And subscribe we’re going to get into all the top Bitcoin mining stocks okay today we’re going to get into them all we’re going to talk some technicals a little bit of you know fundamental stuff we’re going to get into Riot coin um clsk CI F Cypher right we’re gonna get into all of them all right so click like subscribe welcome this is exciting I love this stuff I live for it I live for it and then at the end I’ll say something hopefully it’s inspirational to the people who want to hear it right all righty let’s first focus on Riot all right now let me tell you for everybody who day trades you know uh Riot is like a hot mess sometimes oh my God so it’s easier to tra uh day trade Mara okay but for swing trading and investing let’s look at this I’m showing it to you here first this is the daily chart let’s look at it on this chart though because I want to show you this we’re here right now so we’re Above This is a weekly time frame we’re above this line this and this all three of them the three that matter okay safely above it that is beautiful now watch let’s say if you bought here click that and then let’s say we go up to the tippy tippy top right you see the the fourth line in that box that appeared it says 50% 50. 99% that’s how much so if you hold up to here right you see the little uh floating box all right 50% I would not hold to the tippy tippy top you never know if you get the tippy tippy top you know you do something like down here safer 43% but either way my point is it’s a lot that could be made Riot right now right if if it keeps continuing to go up so let’s just look at some stuff here about Riot all righty this is from the website itself okay so over here Riot platforms you can see in the left top corner right all righty the world’s okay building the world’s leading uh Bitcoin driving infrastructure all righty this is the page okay so this is what Bitcoin mining looks like right you say to yourself This is in Texas right here okay so what are they’re saying Riot platform owns and operates North America’s largest Bitcoin mining facility as measured by developed capacity okay that’s what they’re saying so I click this right here and when we click that we go into this now this is the headquarters down here in um corana if I’m pronouncing that right Texas okay I want to show you a couple of things here all righty so let’s scroll down here let me just get my highlighter so Bitcoin is likely to scale to what multi-trillion dollar market we know that that’s why we’re here all right we know that okay okay I like that I like that let’s just keep scrolling look at this how the Bitcoin rolled in right everybody was just lapping it up okay so the ETF Holdings nearly eclipsed everybody else so look at this when we just had the bit coin ETF come out okay see the Bitcoin ETF down here look at all this okay it outpaced okay what El Salvador had the country all right this is SpaceX this is Riot themselves right here this is hut8 this is coinbase this is how much they have right this is how much Bitcoin Tesla has now this is Marathon Mara for everybody who has Mara I have Mara I own that this is Michael’s uh okay this is Michael right here right this is Tim dra uh Draper here this is Ukraine now let me tell you I did not know Ukraine had that much I didn’t know that okay I did not know that that was breaking news for me I this is why I love making these videos I always learn something and this is the point of it this is why we’re all here now you know these this these twins right oh my gosh right who doesn’t love you know like they they brought so much um information into the space okay this is a micro strategy that company look how how much they have China all right China you’ve been doing your homework USA so quiet about it though right these countries just buying up the Bitcoin but quiet they don’t they’re not like up here telling the civilians buy Bitcoin you should be buying and holding no they they always made it seem silly for all these years a lot of people still think it’s silly but look how much China and the US are holding all right so anyway we’re not get I’m not trying to get into this much detail because this is for that’ll be another video and everything so the about the power capacity Coriana corana all righty okay so now 31 uh ex aash right okay by you know year end 2024 okay and then what are they saying hold on let me just get my little Bitcoin mining Hardware they want to go up to 100 ex aash longterm okay this is this agreement they have with micro BT all right right okay low cost of power all right and then leading industry um balance sheet balance sheet look how much liquidity that is 1.29 billion that’s nice who doesn’t like that I’m not going to spend too much longer on this because I’m going to get to the others I just want to show some things for people who’ve never seen this kind of stuff before so this is what it looks down in corana Texas okay their establishment what they’re doing down here now this is what they’re saying they’re striving to right so they have they say oh we have a clear path to 100 ex aash can they do it now where are they at now okay right now we’re first quarter 2024 so you’re kind of like this okay but this is what they’re saying they can project to and get to I don’t know can they you know people say a lot of things so this is historically what they’ve done now we know there’s other miners that are surpassed this amount right uh Mara I have a Mara video everybody who wants to check that out check out the mara video I talk about the ex ahash how much they went to from 7 to 27 to etc etc check out that video if you want to hear about Mara all right so then now I just want to scroll down real quick to just give me a second this okay when we’re talking about these hash rates and everything right okay so riots here okay they’re saying okay r scale is undervalued as current hash rate mult multiples okay this is eight this is Hive you know hut eight and Hive sometime these stocks oh my God they could just be such a hot mess but anyway all right here’s some others bit Farms okay here’s Mara here’s Cipher and here’s clean spark all right zoom zoom zoom all right here’s Riot so now today in this video we’re going to talk about clean spark Cipher I talked about Mar in another video you guys check that out all righty I’m not talking about Hive and Hut right now in these videos okay so I just want to make sure everyone you know saw this if you want to spend more time on this you can always go to the website and everything and I just want to scroll down let’s just go to here okay so this is what this is the you know what they’re proposing here 2024 hash rate all this okay see the metal here we got this middle box so I wanted to show you uh these numbers you can always take a picture and you always come back later so now but Riot for the Year where are we Riot stock for the year okay so now this is showing for the year we’re only okay because we go up and then we come down and we go up we come down so now you know it depends what you’re used to doing people who are used to hey okay see the left side of the screen buy down here let go up here buy again as it dips let go okay let’s just say you let go and you didn’t try to buy this one you let go and then you wait for it to come back down so to this level you buy again and when it comes back up you let go for people who could do that who can actively come in and out of something I don’t know you know where you’re at so if you’re active swing Trader you know Buy Low sell high right okay so now what level is this this is around this area $10 area so you know you could buy in the $10 area and you can let go in the $16 area if you want to hold longterm long-term invest fine you know do you but we see why I bring this up is because for the year look it’s like you’re breaking even and it’s and that to me a Miss money maker that’s too much time okay that’s too much time so you could always have one account that you hold longterm and one account that you you know do swing uh swing trading with so so anyway Riot they’re saying this a buy okay that’s nice Bazinga now look at this though is this enough green here okay see these uh hold on let me get my little marker here all right the 74 uh different like look at all these analysts okay all these analysts but you know one name you keep seeing again and again so it’s not like it’s so many different analysts but it’s a lot of buy ratings there so that’s nice that’s nice to know okay that’s cute let’s keep moving on because we have to talk about the other stocks I don’t want to make the video too long so here are the numbers now what I want to say okay this is nicely green here but look at this margin uh gross margin profit margin margin so you’re having some problems here okay so even though it’s proposing all these things they’re still having some problems the struggle is still real there’s been some upgrading and everything okay by JP Morgan neutral 8 to 12 $8 to 122 all right let’s just say what tip ranks is saying okay so for the stock it’s saying a nine a nine I’m on the right side of the screen okay so outperform a nine that’s great that feels good who doesn’t like a nine 91 all right so I wanted to show that all righty looking here still on the right side all right so um where they think it may go targets okay so $151 1925 all right 15 $15 okay so here we go $15 that would be 23% from where we are now right $19 going all the way to the tippy tippy top that’s even high like I would have to move my okay there we go that’s 19 that would be 57% you know guys I mean I’m not telling you to hold that high not Financial advice because what about if it hits this level and Pops back down but as we know with Bitcoin as time passes and we go into the summer and Bitcoin starts to curl up and really you know knock it out the box or whatever oh yeah I mean please we’re going to we could definitely pass these that that’s nothing but that’s for the future that’s another video that’s another time okay so I wanted to show you right now let’s move on to coin let’s move on to coin okay so coin was here okay this is slay oh look at this and it kind of chopped around here so but then so when I draw these lines this triangle thing either it’s going to break up to the upside hold on let me get my little either it’s going to break up to the upside or it’ll fall out that box and it did it fell out so now chop chop chop the Market’s been kind of chopping the market is trying to push up will it continue to push up will it struggle will it go to this area again and Chop Chop Chop So Co is like okay you know direction is a little funny but we’re Above This 200 day moving average this Orange Line you always want to be above this like I’ll call it gold color line right we’re above this purple line that’s great 50-day you see right now the 20 is like we’re hitting our head right there let’s get above that people let’s get above that okay and clear that and keep moving but we have a little chop So Co is like little iffy where you know where we’re at let’s just look at it on the other screen here let’s just go to to this all righty so this is um forour like it’s like a weekly time frame here okay so look see now here you see line moved we need to come above this so let’s see coin for coin if we bought here and we just rode to almost all-time highs that’s that’s 18% almost 19 if we went all the way back to all-time highs 22% okay okay so now who has the greatest percentage well Riot of course you can make more money right now investing in Riot versus coin you can see that because of the percentage right there and this costs more money and you know I don’t the you know where the stock is right now with the movie it’s not the best location right now for it but we all know coin can move we all know it can and coin has different things going for itself because of um the the Bitcoin ETFs and things like that so now but look at this so good things about coin See It produced though so when Riot you know is like breaking even for the year coin said hey buddy hold my beer I am up 339 per. look at me look at me go long hair don’t care like all that kind of thing you know so coin coin ain’t playing with nobody coin is not playing with anybody who’s this person Brian Brian I’m strong CEO since like what was that 2012 or something for a minute all right so now his net worth is 10 billion okay so clearly Brian’s doing a little something all righty and you know what I just want to put this in here real quick okay this is where we’re at okay with the fear and greed index when there’s fear this is when I like to buy okay when prices are down because once we move to this area price prices are going to be high again right so I’m not saying don’t buy your coin okay I’m not saying don’t because you got to do things when you know when it makes sense to you okay not Financial advice or whatever okay so here we go so coin technically they’re saying you know oh it looks good technically it’s a they giving it a 100 financially though it’s like oh we got a little bit of a hot mess going on we’re only a 40 okay so we’re only a 40 when we scroll R down here okay cuz we know coin is going to have earnings coming up as well let me see coin earnings are Thursday after the close of the market okay this Thursday after the close of the market so last year December 20 okay hold on let me just get my little marker in case you can’t see it December uh two 2023 okay so the green is the revenue and then the blue is the earnings see before with the earnings it’s like hot mess hot mess with the earnings but okay so last time thank goodness you know we had some positive earnings here all right so let’s just look at these numbers here cuz some people want to see it so we’re putting this out here so hopefully we have positive um earnings again we want to have positive earnings and positive re um Revenue right we want to do that again so let’s see and then they’re saying hold all righty let’s so now we’re going to move on that was coin all right that was our baby coin I have no no hard feelings against coin okay we’re going to move on to clsk clean spark wow clean spark where did they even come from they just came like look at this chart people look at this chart hold on let me just just give me one minute here we go I just wanted to fix the chart for a hot second okay clean spark in their chart I mean they dipped low they had dipped low down here in um January 2023 and then they came back up I’m like wow I wanted to like Zoom back out because I wanted to make sure you saw this part that how in the past the area this space where we’re at now you know because the reason why I show you on this kind of um on this kind of chart is because some people don’t know you’re not going all the way back you’re not You’ forgot you forgot what happened in November 2021 well we were at this level before right and look it it uh it hit here and it bounced down hold on let me get this little thing here it h here and it bounced down we and see so when it came to this area again Bounce Down Bounce Down okay so we got to be careful when we go to this area again so this is why I’m bringing it up you know let’s just go back in the past okay you have to keep all these things you know into consideration so I know some people like they don’t want to see it this way you know this is for the day trader people and stuff like that all right so we’re here okay we’re here so if you buy here and you just hold to here what is that let’s show how much what’s the percentage on that 23% okay I’m looking at the floating box okay then the fourth line in the floating box 23 percentage see that floating box okay that’s how much that is okay okay all righty just hold on I want to move the chart okay I just wanted to move the chart so this is the daily time frame all right so we’re here all right so see so this is where we’re at you just have to be careful because you know you have to we got we came to let me just get my cursor we came to this area before this little area and we hit it and we bounced off that’s why there’s a line there okay because i’ I’ve seen before this was resistance it was resistance before in the past we bounced back down hard off of that so you really got to get above that level okay you really do you have to like be above this level okay and then keep going up so I’m not saying you know buy clean spark right now where the position is at you have to figure this out for yourself and everything I like buying at support levels like this whole area down down here you see how every time it hit and it went up so this level down here so when we’re between um$ 14 and $16 that’s a nice little buy zone for that stock and then uh having it and riding riding up okay but anyway I like how look at this nice trajectory upward I like that that was nice that was nice over a good period of time so that’s that was nice I wanted to show that let’s keep it moving all righty because we see here on the past year how much money I mean what 3 91% for the past year who does not like that baby baby okay this is the CEO of cleanspark this guy Zachary Zachary you’re doing something right you are doing something right I’m definitely going to be looking into clean spark you best to believe I’m going to have a whole video on clean spark in the future coming up okay I will I have to look at this look at this come on I what I’m definitely gonna have a whole video on clean spark because so with me hold on just give me a second so with me right you go here and just give me a second I just had to move something out of the way you go here you create alert right just hold on everybody just hold on just want to set my alert right just want to set my alert while we are here okay I I mean because you have to take action don’t see this stuff people and not doing anything you know you know this is a good buy Zone that alert will come to my phone okay that’s what happens and then I’ll know to like okay so I’m to buy again all righty so I like this this is this is adorable right this is adorable so let’s go on some more okay this is oh my gosh what I oh my God don’t I love it don’t I love it now here this part get this part right people get it right and with time they will all right they better Zachary looks like he can good okay we only have okay a problem with the month that’s fine so this is looking beautiful okay this is looking beautiful so anyway we’re talking about that because like I said earnings is coming up and we want to make sure that we’re all you know we’re all aware earnings is May 9th okay May 9th for clean spark let’s keep moving on Cipher Cipher Cipher Cipher Cipher Cipher Cipher okay so in the past Cipher you were all the way up here this is the weekly view okay and now you’re down here okay let’s just go over here hold on people let’s bring it up Cipher let’s have a cipher all righty little bit of a cipher now what is going on now once again people just looking at it even if you don’t day trade just for the people who like to swing and things like that see this area you saw it always came back down and hit this area call that your buy zone so what is that what was that that was between like let’s say $33.50 see what I mean $3 anything below $3.50 you could pick some up buy it and then sell then you could say you can sell like if you want to hold to this area sell at five okay just bringing that up so where I see these numbers at over here right if you just want to play the range buy at the bottom sell at the top okay so for people who don’t want to hold the hold on so let me just I’m making this line I know it’s not all the way at the tippy tippy top people I know it’s not all the way here or all the way here don’t hold for the tippy tippy top sometimes it may not go back up there and you’ll be like dag I missed it right so I’m saying this is a cell spot and then I’m saying down here let’s just go and don’t always wait for the tippy tippy bottom that’s why so many people oh I missed I didn’t sell when Bitcoin was up last year because I I kept holding and holding I didn’t take any profits or whatever okay so this line you know you don’t always have to C don’t try to catch all all the way the Bottom Bottoms and the top tops okay so now where we we’re kind of late so you see where my my uh cursor is on the right side and it says $2.66 so around this area and then you can sell around that area you know if you want to if you’re into that into that type of movement and how would you know to do that like what would you do you would have something some kind of system where you set your alert right you set your your alert and then this way it’ll the alert will come to your phone and then why do I change the sound because the other sound I went from Bell to Bing the Bell is when I’m day trading the Bing is for the swing okay so that’s how I have that so I’ll know what what sound means what so now right now though the cipher is kind of like it’s not at this line and it’s not at that line it’s in the middle so do you fall down or do you keep going up right and what is the market doing but we know earnings is coming up may7th right so if we keep going okay that’s like 18% tippy tippy top 26 27% sort of okay but if we go down how far we dropping you know or if we just go here look at the uh third line in that box okay look at the third line in that box so something to know about that now let’s keep moving back on to okay here we go look at that for the year oh my gosh let me get my little marker with this sexiness what look at that sexiness 94 94% yes I love that who does not love that that they’re making their moves okay they’re making their moves so you can just buy and hold you knew you would have been up 94% all right so here we go so now I wanted to show you this okay so now before it had some problems here okay with the earnings so and earnings here okay so this is earnings uh year 2022 this is earnings December 2023 so they have a problem with earnings so you need to know that because cuz since earnings are coming out on May 7th will the earnings disappoint okay will the earnings see this zero here will the earnings be low but look at the revenue this is revenue right look at that Revenue that’s up that’s up so some they may hit on something they may beat on one thing but miss one another so earnings is a crap shoot so what you can do this is this is what you can do and you see over here it says a strong buy right technically speaking when you don’t know like buying before earnings I’m not telling you to do that because that’s a gamble as day Traders day Traders do not like to buy certain things before the earnings it’s only certain things I will buy before the earnings and like so many stars have to be aligned people it’s not even funny and that’s for like people who’ve been trading 10 years plus and things like that because you can do well like earnings could be good and the stock is still fall earnings could be bad and the stock is still rise what am I talking about Tesla Tesla going into earnings everything was bad bad bad bad bad Tesla this like they were trashing it so bad Elon said one little like Stardust thing and stuff like that whatever the stock went up like I don’t know what okay so it’s not it’s not based on logic okay so don’t try to go why did it no because it’s not based on logic all the time okay but the market is always right so what you can do my point is you wait you can wait till after earnings but you got to be ready so what do you do let’s be proactive you know May 7th is the um the earnings right so you set that in your calendar and you know that and sometimes people report before the Market opens or after so you have to look to see which one it is you set your clock your you know your reminder in your calendar and then see which direction it goes if you see is starting to go up now there’s something else to know sometimes right after earnings I hate to tell you all this kind of stuff it’s like maybe it’s too technical for some people after earnings it can go up and then it can just fall down in the same day in the same day so maybe you should wait till day two okay day two after earnings to see which way the stock is really trying to move okay if it’s really going to go up go up or is it selling off hard because of earnings all right and you can look at past performances to see is sold off hard at earnings right here what did it do just chopped around so I don’t know I’m not I’m not even trying to guess it because I would do this after earnings okay that’s how I would play that all right and then yeah and I set my little thing like I want it down here at this level I probably say something a little higher too later but I don’t want to spend so much time on that okay so let’s go on this is still Cipher all right we’re still on Cipher so look at this SC green M look okay MH is it’s looking okay nice little green here all righty oh let’s let’s scroll up all right Cipher Cipher all righty see we’re in the middle okay so those are the companies right I I wanted to show you and everything like that so now I just wanted to say okay look this is Cypher andmy what a great website like isn’t isn’t this adorable isn’t that adorable you can click there if you want more information about Cypher minione right but before I go I wanted to give you this quote this lady right here Carol Webb she said she’s an economist by the way okay so you’ll know who she is she’s the author but she’s an economist and a a coach for executives okay Executives coach now let me just say she said one thing at a time okay one thing at a time most important thing first and start now all right so she’s an executive coach so she knows what she’s talking about okay behavioral economics psychology Neuroscience can be used to improve your work life and her quote is one thing all right people one thing at a time most important thing first and start now all right start now whatever plans you have put it break it down into smaller pieces and start now if you like this content click like And subscribe I’ll see you in my next video bye for now
#Riotstock, #CleanSparkstock, #bitcoinminingstocks
Bitcoin mining stocks. I share insights on RIOT, Cipher, CleanSpark, and Coinbase. We will talk about the technical analysis, current hash rates, future projections, and the potential for profitability. Join me as I explore the market trends and provide valuable information for both day traders and swing traders. Hey!! Stay updated on earnings reports and set alerts for potential buying or selling opportunities.
00:00 Introduction
02:56 Discovering Ukraine’s Bitcoin Potential
05:05 Exploring Riot’s Investment Opportunities
08:55 Analyzing Price Ranges for Swing Trading
14:24 Insights Coinbase and Earnings
20:32 CleanSpark
22:40 Understanding Cypher Mining’s Performance
28:32 Preparing for Earnings and Market Reactions, Closing Remarks