Today i decided to put my first put option on MARA as bitcoin seems to be going through a correction. The Elon Musk news definitely is pushing the price of bitcoin down, and the daily chart on MARA is looking bearish for the short term. Look how it broke support and the MACD is in the red right now wanting to widen more. If you look closely you can kind of see the head and shoulders pattern which is bearish and the RSI is heading down into the oversold territory. I see this going down into the 15 dollar range maybe even lower like 13. Besides all this i am still bullish on bitcoin and the bitcoin miners. But for now i am bearish short term.