Volume hasn’t picked up, so even the most exciting news remains just talk.
Take this headline: IREN’s quarterly AI cloud revenue rose 182% quarter over quarter to $200 million, while Bitcoin mining revenue fell to $28 million, $BTC .
The signal is bearish. Keep an eye on the previous low below; if it breaks, look one level lower.
Take this headline: IREN’s quarterly AI cloud revenue rose 182% quarter over quarter to $200 million, while Bitcoin mining revenue fell to $28 million, $BTC .
The signal is bearish. Keep an eye on the previous low below; if it breaks, look one level lower.
