CORZ is this the bottom?CORZ has found support along this higher low trendline and finally retested.
Showing divergence on the daily and indicators are oversold.
All depends on BTC but this looks like a great entry for me.
Good Luck
CORZ trade ideas
$CORZ Core Scientific Bitcoin minerReal nice 1.618 gartley here at the .886 which is confluent with historical support.
The RSI is trying to diverge on the lower time frames here. Confirmation of a low here would be your sign.
News play: Core Scientific, a publicly traded #bitcoin miner, plans to solidify its leading position by reaching a hashrate of 40 EH/s-42 EH/s by the end of this year. Another 1.2 gigawatt upgrade to the North American energy grid
CORZ is HOT, up 70% alreadyWell, this Bitcoin adjacent stock has been killing it since the bottom.
Up 70% already. Impressive.
CORZ another BTC miner stockWant to put this on your radar.
Core Scientific, Inc is another Bitcoin North American miner stock that listed on Nasdaq on January 20th, 2022
Core Scientific, mined 1,044 bitcoin in December and 5,769 BTC in 2021
The company said its hosting business currently serves more than 80,000 bitcoin mining machines that output a total of 6.9 EH/s, and it has secured agreements with its customers to provide an extra 430 megawatts (MW) of power in 2022. The company said it has contracted for the delivery of over 100,000 rigs, which it expects to receive this year.
current hash rates:
CORZ: 6.9 EH/s
MARA: 3.5 EH/s
RIOT: 3.0 EH/s
Keep your eye on this one, if bullish BTC then this will have large gains.
