$CleanSpark, Inc.(CLSK)$ $CME Bitcoin - main 2505(BTCmain)$ $IREN Ltd(IREN)$ $Bit Digital, Inc.(BTBT)$ 🤖🚀🔥 CLSK Cranks the Crypto Flywheel: Neckline Break Engaged 🔥🚀🤖

This isn’t a bounce. It’s a breakout backed by volume, structure, and institutional conviction.

$CLSK has activated a textbook inverse head and shoulders formation, with a confirmed neckline break at $9.20. This classic reversal structure, defined by three successive troughs and a rising neckline, projects a measured technical target of $12.00, implying +25% upside from current levels. Following a +6.95% pre-market surge, CleanSpark is now trading at $9.55 (+3.80%) in open-market trading on 13May25, 🇳🇿NZST

The next test is the 200-day SMA at $10.34, a key psychological and structural barrier. A strong close above it could signal a full transition from accumulation to trend extension.

🧠 Pattern Context:

The structural pivot now unfolding is a near-carbon copy of what preceded the explosive breakouts in $BTBT and $IREN. Base, trigger, run. CLSK has now entered the ignition phase. Weekly RSI is pushing toward 64.14, MACD is shifting green, and EMV is climbing from deeply negative levels. These are all classic markers of sustained upside potential.

💼 Institutional Foresight: Goldman Sachs Steps In

In Q1, Goldman Sachs increased its CleanSpark position by +450%, now holding nearly 5 million shares. That is not window dressing. That is deep institutional conviction. It signals a deliberate reallocation into crypto beta names with scale, exposure, and operational leverage to Bitcoin’s trajectory.

📊 Technical Architecture:

   •   ✅ Neckline Breakout: Triggered with conviction

   •   🔄 Higher Lows: Signalling systematic accumulation

   •   📈 Volume: Spike confirms breakout validity

   •   🧮 RSI (6-day): 64.14 ~ strength without overextension

   •   🔋 MACD: Histogram turning green, approaching a zero crossover

   •   💧 EMV: Rebounding ~ liquidity pressure easing, price discovery likely

🌐 Macro Alignment: Bitcoin’s Momentum and Global Risk-On Flows

Bitcoin is consolidating above $103,020, holding a +0.47% gain, with weekly indicators aligned to sustain trend. MACD crossover, volume retention, and stability above $100K form a bullish lattice that supports CleanSpark’s revenue thesis. As a miner, CLSK’s operating leverage increases as Bitcoin’s price rises. It is a direct multiplier effect.

Overlay this with easing US–China trade tensions, and we are seeing capital rotate into risk-sensitive assets. Crypto-adjacent equities, particularly high-beta miners like CLSK, are prime beneficiaries.

🔍 Operational Foundation: CleanSpark’s Strategic Thesis

CleanSpark isn’t just another miner. It is scaling infrastructure while maintaining treasury flexibility. FY2024 revenue hit $378.97M (+125.03% YoY). The Q1 net loss of $149.2M reflects reinvestment into fleet expansion and energy optimisation, not structural inefficiency.

March 2025’s record of 706 BTC mined is testament to this scaling strategy. Notably, CleanSpark balances between hodling and strategic sales, improving working capital without diluting shareholder value. That is a rare balance in the mining space.

📈 CLSK vs Peers: Relative Alpha on Display

From its low at $6.45, CLSK has now outpaced many rivals in both price and volume. Compared to peers like MARA and RIOT, CLSK’s price action is tighter, volume is cleaner, and institutional sponsorship more aggressive. RSI is ascending with control, MACD inflection is imminent, and volume flow has shifted from reactive to proactive.

📌 Near-Term Watchlist:

   •   Close above $10.34 (200SMA) unlocks technical path to $12.00

   •   Retest of $9.20–$9.30 neckline could offer an optimal entry on confirmation

   •   BTC above $103K reinforces crypto equity momentum into week’s end

🎯 Unique Insight

CLSK isn’t a passenger on the Bitcoin ride. It is leading from the front. Its breakout isn’t just structurally perfect. It is underpinned by revenue acceleration, capital discipline, and institutional alignment. While others still churn in range, CLSK has already initiated a regime shift.

📢 Don’t miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets 🚀📈 I’m obsessed with hunting down the next big movers and sharing strategies that crush it. Let’s outsmart the market and stack those gains together! 🍀

Trade like a boss! Happy trading ahead, Cheers, BC 📈🚀🍀🍀🍀

@Tiger_comments @TigerWire @TigerStars @TigerPicks @Daily_Discussion 

# 💰Stocks to watch today?(17 Dec)

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  • Tui Jude
    ·05-13

    Great article, would you like to share it?

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  • Hen Solo
    ·05-13

    Great article, would you like to share it?

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