Bitcoin miners are in trouble [Video]
Source: CoinWorld
Time: 2025-09-11 23:18:06
As the rise in Bitcoin prices drives revenue growth, the number of Bitcoin miners surges, some of whom turn to artificial intelligence and high-performance computing. Cipher Mining (CIFR) showed strong bullish momentum in the C/3 wave, with potential gains exceeding the invalid level of $7. Similarly, Terawulf (WULF) is in the five-wave bullish push, tracking (3) sub-wave 5, indicating a further room for upside after the pullback. The bullish trend for miners suggests that Bitcoin and the broader cryptocurrency markets are likely to rise, although this may be at the end of the year's cycle.