The weather is a bit choppy across the US and it looks like we are poised for some selling pressure, however bright days ahead could clear up the snow quickly with this one.
I am looking at this stock to test the third top on our resistance. We have seen the history here by now and we look to be in another Bull run for Bitcoin, at least in the beginning of it. Prove me wrong. onward to $75k. The money is pouring in more than they can make these things. Big Nerds in these corporations are buying every collector's edition Bitcoin they can get their hands on. Pretty soon there won't be any left for the little guy besides a few sats for his morning coffee. Take this into consideration with this stock following long term price action of Bitcoin in at least a slight way and we see that $MARA is supplying the worlds biggest corporations and largest wealth holders and job creators a chance to not only have a tax free safe haven while held without sale, and appreciates in value. WHAT IS HERE NOT TO LIKE? The only thing that will bring this stock down for long-term status in my books is a government intervention into crypto and the sale of it.
TLDR;
Long Term: BUY
Short Term: Level 6/10 Sell Warning as sell pressure could push prices down for short-term trading.
I am looking at this stock to test the third top on our resistance. We have seen the history here by now and we look to be in another Bull run for Bitcoin, at least in the beginning of it. Prove me wrong. onward to $75k. The money is pouring in more than they can make these things. Big Nerds in these corporations are buying every collector's edition Bitcoin they can get their hands on. Pretty soon there won't be any left for the little guy besides a few sats for his morning coffee. Take this into consideration with this stock following long term price action of Bitcoin in at least a slight way and we see that $MARA is supplying the worlds biggest corporations and largest wealth holders and job creators a chance to not only have a tax free safe haven while held without sale, and appreciates in value. WHAT IS HERE NOT TO LIKE? The only thing that will bring this stock down for long-term status in my books is a government intervention into crypto and the sale of it.
TLDR;
Long Term: BUY
Short Term: Level 6/10 Sell Warning as sell pressure could push prices down for short-term trading.
Comment:
this is pretty spot on