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MARATHON DIGITAL HOLDINGS INMARATHON DIGITAL HOLDINGS INMARATHON DIGITAL HOLDINGS IN

MARATHON DIGITAL HOLDINGS IN

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MARA trade ideas

Big Gains Today. We seem to be ahead of Schedule though.Love the gains here and it is much deserved for the investors that have stuck around since below $1. We will have to see where this takes us as we are nearing a space where we start to lose past supports and enter a pretty volatile price point for this stock. For a while now the options prices on this stock have been exuberantly priced. This current push upward seems mostly fueled by small investments rather than whales as Elon's Tesla Bitcoin had actually been purchased last month. I Will continue to monitor the price but exiting into the DOGE wagon right now doesn't seem too far-fetched for me. I am interested in what everyone else thinks too? I think this could be a good play in the overall uptrend we are in, however, it will inflate the price off of our current growth path for the time being.
NASDAQ:MARALong
by Undees
11
I'm feeling great about it!If it can break above $24.22, we should see a pretty nice break out. No, I don't have a price target. We have several things going for us. One being that someone just pulled half a billion dollars worth of Bitcoin out of Coinbase and stored it on a cold storage device. That means the trading supply just went down, and the demand for BTC goes up. Just think, a week ago MARA bought 150 million in bitcoin. AND, they just bought a crap ton of mining equipment. Second, Mike Saylor is hosting a conference with major institutions that should be available for free to the public after February 4th. Ladies and gents, I hope you got in last week :D
NASDAQ:MARALong
by daSNAKE601
3
Back to Show My Thought Process after being Wrong.The last post I had posted about a soon-to-be Bullish flip, but we took actually the opposite course of action and took a bearish flip into the MA Resistance. It seems we have matured a bit and have bounced off of our MA Resistances. We SHOULD (forward-thinking) be looking at our Moving Average Lines here and see plenty of support for at least upward movement into the next weeks. I will be updating this post into next weeks with hopes we are done with our bearish run as of late. Bitcoin has sat on its throne at this point and shows that its value and use cases as a store of value at this point is too invaluable to get left in the dust. We haven't even begun the adoption of Bitcoin. When the WSB degens get a hold of Bitcoin and not $GME we will see $50k then $100k. With MARA just purchasing $150 million worth of Bitcoin we should see a very very good quarterly report and great news ahead. Ethereum's gas fees as of late shows how the $ETH blockchain use cases can only be taken so far on the current market. Investors will begin to question why they are paying $100-$200 just to transfer tokens around on the ETH blockchain. I was a hardcore supporter of ETH as a secondary coin and still am, however, a model that shows the more transactions the higher the fee, just does not seem correct for ETH to grow its userbase. ETH2.0 will bring a whole new experience, and set of challenges. Bitcoin is reigning as the King of Coins and store of value. MARA is the son of this Bitcoin project and has not caught up to the inflation of Bitcoins price. If MARA can show this early that they are able to turn a profit or at least get close, the whole market will be on watch not just the Bitcoin lovers.
NASDAQ:MARALong
by Undees
12