Is Cipher Mining, Inc. technically bullish or bearish?
As of June 13, 2025, the market trend has shifted to mildly bearish, supported by daily moving averages and monthly MACD signals, despite some weekly indicators showing mild bullishness.
As of 13 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating bearishness and the monthly MACD showing a bearish signal. While the weekly MACD and KST are mildly bullish, the overall trend and indicators suggest weakness. The Bollinger Bands also reflect a mildly bearish outlook on the monthly timeframe. Given the recent price action, including a significant drop from the previous close, the bearish sentiment is reinforced.
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