Corbus's 15min chart shows Bollinger Bands narrowing, bearish Marubozu pattern.

Friday, Sep 26, 2025 1:47 pm ET1min read

According to Corbus's 15-minute chart, the Bollinger Bands have narrowed, indicating a decrease in the magnitude of stock price fluctuations. The presence of a bearish Marubozu at 09/26/2025 13:45 suggests that sellers are currently dominating the market, and it is likely that bearish momentum will continue.

In the volatile world of cryptocurrency mining, Cipher Mining (NASDAQ: CIFR) has seen its stock price fluctuate significantly in recent weeks. According to Corbus's 15-minute chart, the Bollinger Bands have narrowed, indicating a decrease in the magnitude of stock price fluctuations. This narrowing suggests a period of consolidation, where the price is not trending strongly in either direction. However, the presence of a bearish Marubozu at 09/26/2025 13:45 suggests that sellers are currently dominating the market, and it is likely that bearish momentum will continue.

Cipher Mining closed at $11.64 on September 25, 2025, down 17.7% from its previous close. This decline was driven by broader market conditions, as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) both fell by 0.5% on the same day. The drop in Bitcoin (CRYPTO: BTC), which fell 3.4% to $109,534.50, also contributed to the downward pressure on crypto-related equities Stock Market Today: Cipher Mining Slides on Bitcoin Weakness Despite Google-Backed AI Hosting Agreement[1].

Despite the recent downturn, Cipher Mining announced a significant AI hosting agreement with Fluidstack, valued at about $3 billion, with extensions that could bring the total near $7 billion. Alphabet (NASDAQ: GOOGL) will guarantee $1.4 billion of lease obligations under the deal and receive warrants representing roughly 5.4% equity in Cipher. This agreement highlights Cipher's expansion into high-performance computing, which could position the company for growth in the long term.

However, the stock's continued sensitivity to swings in Bitcoin indicates that investors should remain cautious. The Motley Fool Stock Advisor analyst team did not include Cipher Mining in their top 10 stocks for investors to buy now, highlighting the potential risks associated with the stock Deveron Corp Stock Price, News & Analysis[2].

In conclusion, while Cipher Mining's recent stock price decline can be attributed to broader market conditions and Bitcoin's weakness, the company's strategic AI hosting agreement offers potential long-term growth opportunities. Investors should closely monitor the stock's performance and consider the risks associated with its sensitivity to cryptocurrency prices.

Comments



Add a public comment...
No comments

No comments yet