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Investment and Hedging Strategies in the Bitcoin MarketRecently, Bitcoin has experienced significant volatility, sharply declining after the flash crash on June 6. Prices fell from the $72,000 level to below $70,000, leading to substantial selling pressure. However, positive trends can be seen in the market as U.S. ETF issuers are buying a lot of Bitcoin, which boosts confidence in the long-term outlook of the cryptocurrency. Key Points: Strong Support at $66,000: Breaking this level may indicate a shift in the downward direction. Resistance at $74,000: Surpassing this level could drive prices to new highs. ETF Purchase Volume: Adding 25,729 bitcoins in the first week of June enhances confidence in the long-term upward trend. Recommendation: For Short-Term Investors: Due to high volatility and current selling pressure, it is advisable to wait and see if the support at $66,000 holds. If the support level is broken, it may be wise to avoid entering the market until prices stabilize. For Long-Term Investors: Price corrections can be used as opportunities to add more Bitcoin to investment portfolios. It is smart to invest gradually and take advantage of price drops to make purchases. Hedging Strategies: Diversification: Diversification is a hedging strategy aimed at reducing risk by spreading investments across various assets. Instead of relying solely on Bitcoin, investors can diversify their investments into other digital assets like Ethereum, Litecoin, or even traditional assets like stocks and bonds. This diversification can reduce the negative impact of Bitcoin’s volatility on the overall portfolio. Futures Hedging: Futures hedging involves buying or selling Bitcoin futures contracts to protect the portfolio from price fluctuations. If an investor owns Bitcoin and wants to protect against price drops, they can sell Bitcoin futures. On the other hand, if they expect prices to rise but do not own Bitcoin, they can buy futures to benefit from the expected increase. Risks Associated with Hedging Strategies: High Costs: Hedging with futures involves paying fees and spreads, increasing overall costs. Systemic Risks: Futures contracts can be affected by economic and political events, leading to unexpected losses. Technical Knowledge: Hedging with futures requires a deep understanding of the markets and how futures contracts work. Hedging strategies provide protection against market volatility but must be used carefully and with a clear understanding of the potential risks. Diversification and futures hedging can be effective tools for risk reduction, but it is essential to understand the costs and risks associated with these strategies before implementation.
COINBASE:BTCUSD
by bbitar
Where bitcoin goes MARA follows - Current Macro developmentsHi guys! As usually i keep my eye open for macro changes or signals that may lead to major moves. Of which Marathon (MARA) has been on my radar. This analysis is done on the 1 week timeframe. We are currently attempting to get Above our Major level/ area around $18-20. This area also coincides with the 21 EMA. Which we are also ABOVE as we speak. However, remember it has not yet confirmed that we managed to get Support from 21 EMA. Also note that we recently tested Support on 50 SMA and have maintained it 6 weeks in a row. This fact makes me think, we will continue UP -> At the very least to the Upper range of the consolidation orange rectangle at $28.00 We have not yet printed a death cross which is a good sign indicating probabilities pointing towards continuation of Uptrend. Pay attention to next weeks candle close for more clues. Ive also highlighted our current price action to be part of a Consolidation range, from $15.00 to $28.00 I think it makes sense for us to be consolidating as we are making our way out of the bottom of the market for MARA. (around the 3.50 area) Since then we've already climbed roughly 1000% to our top around $34. 21 EMA and 50 SMA flattening out also supports the Consolidation occuring. Consolidation is basically when an asset tries to digest rallies, trying to catch its breath. And now we have to assess whether theres further momentum left to continue our Bull market or make our way back down. If Bull market continues, we can make our way back to this Major Resistance lvl labeled. We have touched this line 3 times in history previously and it marks Blow off tops of Bull markets for MARA. If we get rejected from this Major level, we can make our way back to the sloping Support trendline labeled below. So to find a sense of whether or not MARA will continue or come down to test the lows, we look to 2 indicators that i love using to assess "momentum". Notice the STOCH RSI. Everytime we come down to the 20 lvl, we stay Below for extended periods ranging from 57 days to as much as 126 days. When we cross Bullish and move UP Above 20 lvl, we tend to have Rallies UP. 1 pattern though, with STOCH is its relationship with Moving Averages 21 EMA and 50 SMA. When Purple (21 EMA) crosses Below Green (50 SMA) Moving Average and there is a STOCH Bull cross, sometimes it doesn't impact big rallies. BUT When Purple is on top of the Green Moving Average and STOCH crosses BUllish Above 20 lvl. This is a pattern seen in relation to big rallies UP So if we can get a STOCH Bullish CROSS Above 20 level, while our 21 EMA is Above our 50 SMA, we can expect to see a continuation rally. Watch also for a break Up and confirmation out of the consolidation zone. The MACD is currently ABOVE the 0 level, with waning or decreasing Bearish sentiment. This is seen from the print of the lighter red bar of the histogram. The Blue/Orange lines are also attempting to Curve Up and try to Cross Bullish. If we continue to print smaller lighter Red bars, and then see a Green bar print, it is likely momentum has turned Bullish. Bullish Crosses ABOVE 0 level, tend to rally Upwards. A MACD and STOCH CROSS together would be even better sign of uptrend to be PROBABLE. ANd if we Breakout of the consolidation rectangle we are currently in -> its likely we test "Major Resistance" at around $60. Keep observing and paying attention. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on MARA in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:MARALong
by SafofAllTrades
2
BTCUSD Money heist PlanMy Dear Robbers / Traders, This is our master plan to Heist of BTCUSD market based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned 2 plans with target in the chart Please look at the chart before entry, Our target is Red Zone for Bulls and Green Zone for Bears that is High risk Dangerous area market is overbought / Oversold / Consolidation / Fundamental news occur / Strong Pullback happens at the level. Be safe and be careful and Be rich. Loot and escape at the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of Powerful dynamic levels whether Buy or sell, Once it is cleared we can continue our heist plan to next target. support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
BITSTAMP:BTCUSD
by The-Thief
MARA Marathon Digital Holdings Options Ahead of EarningsIf you haven`t bought the dip on MARA: Then analyzing the options chain and the chart patterns of MARA Marathon Digital Holdings prior to the earnings report this week, I would consider purchasing the 26usd strike price Puts with an expiration date of 2024-6-21, for a premium of approximately $7.75. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. As you can see in the chart, I'm bearish short-term but bullish by the end of the year.
NASDAQ:MARAShort
by TopgOptions
6
BTC pain is next Alright, listen up, folks. I know things might seem rocky right now in the world of BTC, but let me tell you something – this is not the time to panic. Sure, there might be a correction looming on the horizon, but that doesn't mean it's the end of the world. In fact, it's far from it. Think about it. The big boys, the whales, they've been in this game for a while. They know how to navigate these waters, and they're already sitting pretty with their profits, probably even leveraging their positions. But what about us? Are we going to let fear dictate our actions? No way. This is our time to shine. This is our opportunity to show resilience, to show strength, to show that we're not going to be shaken by a little turbulence in the market. Remember why you got into this game in the first place. Remember the potential, the excitement, the thrill of being part of something revolutionary. So, I urge you, don't succumb to panic selling. Don't let fear cloud your judgment. Instead, stay calm, stay focused, and stay determined. This is just a bump in the road, a test of our resolve. And I have no doubt that we will come out of this stronger than ever before. Believe in yourselves, believe in the power of BTC, and together, we will weather this storm and emerge victorious. Let's show the world what we're made of. Let's hodl strong!
BITSTAMP:BTCUSDShort
by TrojanBible
#RIOT Blockchain 3 levels of resistance to overcomeWhich I think it will slice through! #Bitcoin miners tend to follow big technical patterns really well. From the top you can see the massive bear flag that lasted pretty much all of 2021 all whist in the bitcoin bull market and non conforming disappointing price action the secondary bear flag in 2022 that led to a precipitous drop and now there is a potential, if we get strong rally to the $20 area ... we could form a very large inverse head and shoulders! Looks promising.
NASDAQ:RIOTLong
by BallaJi
3
$MARA approaching the 5th wave down!$MARA:4H I would expect the increased potential for NASDAQ:MARA to rise as high as the 0.5 retrace (20.75) or AVWAP (21.98) were CRYPTOCAP:BTC price to rise. I would expect the AVWAP (blue) off the recent high to be in confluence with the 0.5 retrace by that point and provide a solid line of resistance. Failure to consolidate above the 0.5 retrace/AVWAP levels could portend the beginning of the 5th and final wave down to the 10-12 price range. It should be noted that price has done enough to complete the 4th wave upward retrace and could remain range bound (16-19) at current levels for a couple weeks. However, given the recent level of volatility associated with this issue, I see this as the less likely scenario. In summation, whether it be from a little higher price point or from current levels, my current thesis is that NASDAQ:MARA follows the price of CRYPTOCAP:BTC downward leading up to the halving and its accompanying, short term, ‘supply shock’. I would expect NASDAQ:MARA to find its bottom somewhere between 10-12 before the end of April 2024.
NASDAQ:MARAShort
by Firewalker_Charts
2
Marathon Digital Holdings ($MARA) Financial ResilienceNavigating Bitcoin Volatility and Strategic Moves in 2024 Marathon Digital Holdings, Inc. ( NASDAQ:MARA ) finds itself at a critical juncture in the ever-evolving landscape of the cryptocurrency market. As the company contemplates another Bitcoin selloff following the sale of 704 BTC in December, investors are keenly observing Marathon's strategic moves to cover operating expenses and enhance liquidity in preparation for the next Bitcoin halving. Record-Breaking Production and Financial Resilience: Despite the recent 38% BTC sale, Marathon achieved a record-breaking production of 1,853 BTC in December 2023, showcasing a remarkable 56% increase from the previous month and an impressive 290% surge year-over-year. This not only underscores Marathon's mining prowess but also highlights its financial resilience in the face of market fluctuations. Operating Expense Coverage: The decision to sell 704 BTC, amounting to a substantial value, reflects Marathon's commitment to covering operating expenses. With an average BTC closing price of $42,546 in December 2023, the sale likely generated over $30 million, providing the company with a robust financial cushion. The move aligns with Marathon's dedication to maintaining a healthy balance sheet and strategic financial planning. Upcoming Acquisitions and Growth Targets: Looking ahead, Marathon is set to finalize the acquisition of two sites from Generate Capital in January 2024, totaling approximately $178.6 million. This signals the company's commitment to expansion and infrastructure development. Chairman and CEO Fred Thiel's vision for 2024 includes a targeted 30% growth in energized hash rate, with aspirations to reach an impressive 50 exahashes within the next 18 to 24 months. International Expansion and Venture Ventures: Marathon's global footprint is expanding, with progress reported in Abu Dhabi and a joint venture underway in Paraguay. The company's commitment to diversification and global partnerships positions it strategically in the ever-evolving crypto landscape. Additionally, the significant surge in transaction fee collection through MaraPool, accounting for 22% of BTC production in December 2023, showcases Marathon's ability to capitalize on emerging revenue streams. Bitcoin Market Dynamics: As Marathon navigates its strategic moves, the broader market dynamics of Bitcoin are playing a crucial role. The recent surge in Bitcoin prices, reaching $45,899.71, followed by a temporary pullback below $43,000, reflects the inherent volatility in the cryptocurrency market. Marathon's decision to optimize liquidity amidst such market fluctuations demonstrates a proactive approach to risk management. Conclusion: Marathon Digital Holdings ( NASDAQ:MARA ) stands at the intersection of innovation and market dynamics, with a robust financial performance, strategic acquisitions, and a commitment to global expansion. As Bitcoin continues to capture headlines with its price fluctuations, Marathon's proactive measures to optimize liquidity position it as a key player in the evolving cryptocurrency landscape.
NASDAQ:MARALong
by DEXWireNews
1
Marathon Digital #MARA Inverse Head and Shoulders. To over $100!Back in 21/22 Looking at the #Bitcoin miners helped me directionally to confirm the bear market. Now in 2023 we have the flip flop Miners exploded out of the bear market lows. Check Back, with a healthy retracement. Putting in higher lows. And now look ready to resume their climb higher. #Marathon is a great example. A leading name and company within in this sector. And is showing a potential inverse head and shoulder's The chart shows two targets Linear and Log. Log target suggests a #Bitcoin price that will trade over $100k --- The promised land. Will people's live actually be better with BTC @100K ??? Well, only if they are investing now... not buying above that magical mark obviously. :)
NASDAQ:MARALong
by BallaJi
8
Marathon's $178.6M Acquisition Supercharges Bitcoin Mining PowerMarathon Digital accelerates Bitcoin mining dominance with a $178.6M acquisition, doubling capacity, cutting costs by 30%, and preparing for 2024 halving. Marathon Digital Holdings has announced the acquisition of two Bitcoin mining sites for $178.6 million. This strategic purchase from Generate Capital is set to bolster Marathon’s mining capabilities considerably, especially in anticipation of the upcoming Bitcoin mining reward halving in 2024. Doubling Down on Capacity and Efficiency These newly acquired sites in Texas and Nebraska add a combined 390 megawatts to Marathon’s existing capacity. This expansion is not just about size; it’s also a leap towards greater operational control and efficiency. Previously, 97% of Marathon’s capacity came from third-party data centres. Post-acquisition, the company will own and operate 45% of its 910 megawatts, marking a significant shift towards greater autonomy. Cost-Effective Mining and Expansion Potential The deal is to reduce Marathon’s cost of mining a single Bitcoin by 30%, substantially improving profitability. The sites offer an immediate expansion potential with 82 megawatts of vacant capacity. Furthermore, as existing hosting clients vacate, Marathon plans to deploy additional equipment, aiming to double its operational hash rate to 50 exahashes in the next two years. Marathon Digital’s Prudence in Preparation for Halving Marathon’s approach to this expansion has been marked by financial prudence. The company’s Chief Financial Officer, Salman Khan, highlights the deliberate increase in cash and Bitcoin reserves while keeping debt low. This cautious fiscal strategy aligns with the company’s preparation for the Bitcoin mining reward halving event in 2024. Marathon’s strategic moves have been reflected in its financial performance. The company reported a 670% surge in year-on-year revenue for the third quarter of 2023. This growth translated into a substantial increase in Bitcoin production and a net income of $64.1 million for the quarter, as stated in their November 8 results filing.
NASDAQ:MARALong
by DEXWireNews