Cipher Mining (CIFR) stock is up 16% in the past five sessions despite being down 24% from its peak. Options flow data transitioned from bearish to bullish, with net positive transactions. Total blockchain asset market cap is around $3.1 trillion, with an increase in greed sentiment. Implied volatility suggests a potential 22.61% swing for CIFR stock.

Analyzing Cipher Mining through the Markov Property reveals selling pressure and a downward trend. Past sequences indicate a peak probability density at $22.50 over the next five weeks. A directional wager on CIFR stock with a 21/23 bull call spread expiring Feb. 20 could yield a maximum profit of 245% if the stock rises through $23. Trading with observed patterns is key for success.

Read more at Barchart: Rising Crypto Sentiment Could Make Cipher Mining (CIFR) a Strong Bullish Options Trade