Previously known as Marathon Patent Group, Marathon digital holdings is highly poised to benefit from the imminent crypto rally generally expected by most crypto investors to occur between late 2024 though 2025. BTC has been highly tipped to touch the lucrative six digits milestone during this cycle and all crypto related stocks have been tipped to follow suit.
MARA faces competition from other very strong crypto related stocks such as
MSTR
RIOT
COIN
CLSK (all of which i highly recommend) and newly approved BTC ETFs but judging from my past experience with crypto miners, MARA tends to generate the most hype and volatility. With a weekly gap now filled, Ive started bulding out my position and I am expecting a 5X return from these levels within the next 6-12 months.
Many already cover MARA on the daily so i don't plan on covering this too much other than the weekly and will gladly add on if we fall even further. Best of luck!
MARA faces competition from other very strong crypto related stocks such as
Many already cover MARA on the daily so i don't plan on covering this too much other than the weekly and will gladly add on if we fall even further. Best of luck!
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Pretty much a flat week for the most part. Mara tends to gap fill, and I would like to see another buying opportunity right around $13.60 but this all depends on BTC's movement. Definitely wouldn't mind or be surprised if we get one last scare off before the boom. Good news this week, now with rate cuts officially announced, we are in post halving, the upcoming crypto cycle, and elections, it's all aligning up! Wouldnt mind or be surprised if we get one last
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No retracement, pure strength. Was really hoping i would get one last buying opportunity at the bottom but after sitting back and waiting it doesn't look like it will happen. Patience is a brutal game and BTC is resilient and appears to be breaking out.this may finally be the big break we all have been waiting for ut well have to wait and see as BTC is the king of fake outs
Regardless. I have officially canceled my lower buy orders and bought both RIOT and MARA today (shares only). time will now tell how this decision pans out. But right now, it just feels safer to be in then out.
I have flipped from cautious to bullish and expect MARA to follow BTC to new ATH's.
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We remain above this long-term support and with the volatility of this week coupled with earnings, lots of investor's conviction will be tested.This has been extremely difficult to trade but as an investor, I remain crypto cycle bullish on MARA and will be capitalizing on the fear in the market. Frustration and depression come before the BOOM and my initial 6–12-month target remains unchanged. I believe in the market cycles of BTC, post halving price action, US elections market cycles, the interest rates dropping in our favor, and November and decmender have been historically very strong
we have lost that 200 EMA and look like were finally going down to retest that crucial support level. I will place one last order as we go down but in the event that MARA surprises on earnings i will not chase the price and will leave my position as is
a break from that level will begin to worry me or if MARA drops absolutely awful news
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looks like the BOOOM came a lot sooner than expected! what a day for BTC and MARA 😎Sentiment will begin to shift and depression in the miners will be replaced with FOMO. Today was just a taste what MARA is capable off. We are running out of buying opportunities, don't be afraid to DCA. My desired position was 90% complete i have not purchased the rest yet and was hoping for that gap fill down. oh weell, if MARA doesnt look back ill ride the wave but in the event, we do get a meaningful pullback again, I'll be ready to strike.
I dont know why earnings was delayed and i didn't bother looking up why, i dont like it i want to get over it already as i expect them to be poor. well have to wait another week and in my opninon that might be one of the very last dips before liftoff
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what a fucken day boys. BTC 88K, can you spell FOMO? Those that abandoned the miners are regretting it. 29% and this is just the beginning. Embrace the volatility because we got earnings. I personally still remain bearish on earnings but with all the hype going around, MARA may just hold up well or any dip will be eaten up quicklyregardless of what happens I'm holding onto my shares and unless you're actively trading i wouldn't touch them. The remaining 10% capital i was planning to DCA in MARA has been allocated into a new position i built with $CAN. And at the next major retracement i will open up a call position in MARA.
Best!
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Earnings are out and no surprise here, we called it and they were poor, MARA is down over 10% in AH. I was bearish going into earnings and if BTC hadn't moved with such momentum i would have likely hedged. Like i said with RIOT a week back, earnings are NOT important to me because once FOMO and HYPE hit the markets, earnings don't matter too much for miners, everyone will want a taste of BTC and the miners will shoot. We got just a taste of what this stock can do. Once the dust settles, I'll be establishing a call position for the next leg up. I don't think we will cover the gap down but in case we do i will pick up more shares instead. Hoping we can hold that trendline + intersection but lets see how BTC performs. 註釋
Sheeesh, that hedge would have been nice to have, bloody day!I guess this was prematurely said cause now it applies best👇
"lots of investor's conviction will be tested".
If you are trading MARA then you should have already taken profits before today, if you are investing till the end of the cycle, then today doesn't matter. This year was my first time witnessing BTC rally while MARA falls. It happened a couple months back and today it happened again. BTC rally up MARA down, BTC down MARA down. The thing this time is that it wasn't just MARA bleeding, most miners did today too along with the kings MSTR and COIN.
That says alot.
I said in the post earlier that from my experience, MARA tends to "lead" the miners. I think that earnings reported really turned off alot of people in fear of a correction which trickled over into the others. Thats is why i wanted to "get the earnings over with". Lots of profit taking and panic selling today.
if MARA fell today, while BTC climbs to new ATHs and the other miners rose with it, that would have been bad. And if MARA fell today, while BTC climbs to new ATHs and the other miners + COIN and MSTR rose with it, that would have been worse. patience will pay, there will be more blood during this cycle but things change quick, this is just the beginning...
Ok so not enough to convince me to open a call position, if we fall further ill just get more shares, did DCA into my CAN position though. lets see if we can hold that 0.382 fib level + intersecting trend lines. we rallied 70% from the low and corrected 18% from the top. Thats healthy.
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woah, news did not sit well with many👇tradingview.com/news/benzinga:6b39d4718094b:0-why-bitcoin-related-stock-mara-holdings-is-falling/
just the right catalyst to get us down to start gap filling, picked up a couple shares and will continue buying on the way down
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that panic selling dump didn't last too long, these dips are getting bought up faster and faster and im glad we striked when we saw the chance 😎 would have like to have gotten more lower but I'm not getting greedy. no gap fill yet.BTC inching triple digits, i expect a nice pop tomorrow but itll be interesting to see how MARA reacts once the big correction comes in. If you cant handle a 30% drop you wont be able to make it through the cycle.
Somone out there said it perfectly: "this isn't for the faint of heart" 😬
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Bloody day for the crypto related stocks. MARA along with MARA is looking good, and if BTC climbs higher past 100K i think we can finally get that breakout to 30$
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BTC over 100k and MARA was up in premarket but struggled throughout the day. We ended up red today as BTC fell. I remain bullish for the month of December on the overall equity and crypto markets. if we can hold this weekly support, we have been looking at we can continue to rally up in the coming weeks. MARA is clearly taking a page from the all eyes on the king
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BTC struggling to hold 100k and was forced to close out my call position. Gain was miniscule and will be restructure as there was too much risk holding them. Depending on BTC we may be able to hold this 18.90 areaand possibly inverse head and shoulders here
but it does appear that MARA wants to revisit ~16.70$
keeping my eye close to this in the next couple of sessions for either scenario
註釋
Nice movement from MARA, short term calls did extremely well today, closed out a majority and letting the few left ride out till next week. Looking for a better opportunity to re-structure those calls if possibleMomentum is on our side with BTC pressing higher, I've laid out my short-term price targets but wouldn't be surprised if BTC rallies over the long weekend and MARA pops off on Tuesday.
shares remain untouched. lots of traders have been scared out of the miners and although we have been lagging i still am bullish on a MARA over 30$ for 2025. We have not dropped this weekly support we have been looking at since September and as long as we hold i am not worried
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Earnings creeping up and unlike last report. i lean towards the bullish side this time around. Markets aren't necessarily looking great and BTC remains flat but MARA and the miners in my opinion remain way oversold. I think investors are pessimistic and we can very much continue to fall towards the 52 Week Low but I'm choosing to hold the contrarian side. Holding on to my shares but due to sentiment will hold off on any options.免責聲明
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免責聲明
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