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$BTCUSD - Chart Link- as I discussed yesterday, Bitcoin was breaking out of the coil
BITO - Chart Link-
MARA - Chart Link- that said, I commented that I expected a bounce in the crypto stocks like MARA, BUT I don't expect them to go back to the highs from here, likely form a lower high then go down again and test their 20 day MA's
MARA - Chart Link- awesome short!
this morning when it was up I stated that I expected that bounce to fail and come down to tag the 20 MA
congrats if you shorted that morning bounce!!
I also discussed this on yesterday's newsletter
On it. Thx
Mara 18,000 bitcoins vs. MicroStrategy 155,000.
Mara Mkt Cap. 5.2B vs MS Mkt Cap. 9.5B......
But doesn't MARA produce them whereas Microstrategy has acquired by other means? I think that makes a big difference if I'm right about that.
yep exactly with MARA.
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Bitcoin, MARA
Posted by matt on 2nd of Jan 2024 at 10:11 am
$BTCUSD - Chart Link- as I discussed yesterday, Bitcoin was breaking out of the coil
BITO - Chart Link-
MARA - Chart Link- that said, I commented that I expected a bounce in the crypto stocks like MARA, BUT I don't expect them to go back to the highs from here, likely form a lower high then go down again and test their 20 day MA's
Update: Bitcoin, MARA
Posted by matt on 2nd of Jan 2024 at 02:36 pm
MARA - Chart Link- awesome short!
this morning when it was up I stated that I expected that bounce to fail and come down to tag the 20 MA
congrats if you shorted that morning bounce!!
I also discussed this on yesterday's newsletter
On it. Thx Mara 18,000 bitcoins
Posted by shellson2 on 2nd of Jan 2024 at 02:49 pm
On it. Thx
Mara 18,000 bitcoins vs. MicroStrategy 155,000.
Mara Mkt Cap. 5.2B vs MS Mkt Cap. 9.5B......
But doesn't MARA produce them
Posted by mastermind on 2nd of Jan 2024 at 03:25 pm
But doesn't MARA produce them whereas Microstrategy has acquired by other means? I think that makes a big difference if I'm right about that.
yep exactly with MARA.
Posted by matt on 2nd of Jan 2024 at 03:27 pm
yep exactly with MARA.