CIFR / Weekly

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CIFR / WeeklyCipher Mining Inc.BATS:CIFRElliottChartCIFR β€” Quantum Model Projection Cipher has risen by 1,272%πŸ“ˆ since early April, establishing one of the strongest momentum profiles in its sector, recording its all-time high slightly above the apex of the resistance equivalence lines β€” a key technical convergence zone within the market structure. As highlighted in the previous update (Nov. 10), the correction in Intermediate Wave (4) reached the 0.272 Fibonacci retracement level β€” closing right at the projected target of $14.36✨, in a sharp retracement. While there remains room for Intermediate Wave (4) to further develop into a Flat or Triangle, an extension into Intermediate Wave (5) within Primary Wave β“· would project toward $254🎯, aligning with the space defined by the divergent equivalence lines β€” marking the 1.618 Fibonacci extension of the Leading Diagonal that formed Primary Wave β“΅. πŸ”– In my Quantum Models methodology, the equivalence lines function as structural elements, anchoring the model’s internal geometry and framing the progression of alternate paths. #MarketAnalysis #TechnicalAnalysis #ElliottWave #WaveAnalysis #TrendAnalysis #FibLevels #FinTwit #TradingView #Investing #CIFR #DataCenters #BitcoinMining #HPC #CryptoMining #CipherMining #BTC #Bitcoin #BTCUSD BTC BTCUSD #HighPerformanceComputing