Folks, I have used this title many times. it looks like that 28 is somewhat very important line for MARA.
Though Bitcoin is not looking good right now, but I think BIT would stay above 30K, psychologically speaking institutionals buy at this level, and I think MARA may re test 28 soon or even lower, but I see no danger ahead.
But if BIT resume the up trend MARA could go back to 50 in no time. WHY?
As long as BIT stay above 30K, MARA and RIOT are the only MAJOR plays left. And according to the chart, correct me if I am wrong, it is an up trend.
Other Chinese and Canadian miners are Shi... No judgments here, I have had many of them.
MARA is, at this stage, surprisingly STABLE, why? Because people HLOD MARA and RIOT. This is not valide assesment for other Bitcoin miners. I am pretty sure, that future bitcoin ETFs are and will BUY them regardless their prices.
PS. I owned MARA since 2.5; and I try to be as objectif as possible.
Though Bitcoin is not looking good right now, but I think BIT would stay above 30K, psychologically speaking institutionals buy at this level, and I think MARA may re test 28 soon or even lower, but I see no danger ahead.
But if BIT resume the up trend MARA could go back to 50 in no time. WHY?
As long as BIT stay above 30K, MARA and RIOT are the only MAJOR plays left. And according to the chart, correct me if I am wrong, it is an up trend.
Other Chinese and Canadian miners are Shi... No judgments here, I have had many of them.
MARA is, at this stage, surprisingly STABLE, why? Because people HLOD MARA and RIOT. This is not valide assesment for other Bitcoin miners. I am pretty sure, that future bitcoin ETFs are and will BUY them regardless their prices.
PS. I owned MARA since 2.5; and I try to be as objectif as possible.