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MARA

Marathon Digital ($MARA) Spikes 5.53% Amidst Bitcoin Volatility Marathon Digital Holdings Inc. (NASDAQ: NASDAQ:MARA ) stands out as a key player in the Bitcoin mining sector. With recent developments in the company's expansion efforts and the volatile nature of the crypto market, investors are left wondering whether MARA stock is a lucrative opportunity or a risky bet. Expanding Bitcoin Mining Infrastructure: Marathon Digital's ( NASDAQ:MARA ) recent agreement to acquire a Texas-based Bitcoin mining data center for $87.3 million demonstrates the company's commitment to expanding its mining operations. This strategic move is aimed at bolstering Marathon Digital's mining capabilities and positioning it for potential growth as Bitcoin continues its ascent. Profitability Amidst Market Volatility: Despite the inherent volatility of the cryptocurrency market, Marathon Digital has proven its resilience by maintaining profitability even during challenging times. With earnings of 74 cents per share in the fourth quarter of 2023, significantly surpassing analysts' expectations, the company has shown its ability to navigate through crypto market fluctuations. Strong Financial Position: One factor that sets Marathon Digital ( NASDAQ:MARA ) apart is its robust financial position. With $357.3 million in unrestricted cash and cash equivalents as of the end of last year, along with substantial holdings of Bitcoin, the company is well-capitalized to support its expansion plans. This financial stability provides investors with confidence in Marathon Digital's ability to execute its growth strategy effectively. Riding the Bitcoin Wave: As Bitcoin's price continues to soar, Marathon Digital ( NASDAQ:MARA ) stands to benefit from the increased demand for Bitcoin mining services. Analysts have speculated that Bitcoin could reach $90,000, which could lead to a significant uptick in Marathon Digital's stock price. However, investors should be prepared for a roller-coaster ride, as the cryptocurrency market is known for its volatility. Considerations for Investors: Investing in Marathon Digital ( NASDAQ:MARA ) stock requires a bullish outlook on Bitcoin and a tolerance for risk. While the company's profitability and strong financial position provide a degree of stability, the inherent volatility of the crypto market means that share prices can fluctuate dramatically. Additionally, the acquisition of the Bitcoin mining data center adds another layer of risk, albeit with potential rewards. Technical Outlook Marathon Digital ( NASDAQ:MARA ) stock is trading above the 200, 100 & 50-day Moving Averages (MA) respectively with a Relative Strength Index (RSI) of 53 indicating a start of a bullish breakout. further ascertaining the Bullish trend is the Head and Shoulder pattern depicted on the chart.
NASDAQ:MARALong
by DEXWireNews
1
MSTR has more rocket fuel LONGMSTR recently bought up a lot more coins. News that an insider sold $7 M in shares while interesting is quite meaningless. He still has $150M plus. MSTR is riding a " Bollinger Band march" on the upper band. This is a huge surge. I was happy to catch a buy today at $1575 off a low-ball limit order that somehow got filled. All things crypto has a great day. It was a Magic Monday for sure. I will sell some on Thursday mid-day and buy more next Monday. I know all the contrary ideas- Reckless abandonment. Poor risk management. The answer my initial capital into MSTR has been long returned to the account ( then spent getting larger in semiconductors); this is all profit being compounded. If there is some risk it is all accepted. the entire position has a trailing stop loss of !0% - no problem seen. Risk on. BTBT RIOT are running in the shadows and the positions are not half bad. BTUSD and ETHUSD on forex with 100:1 leverage are carrying their own weight.
NASDAQ:MSTRLong
by AwesomeAvani
RIOT retraced and could reverse but BTC is falling SHORTOn the 15-minute chart- RIOT uptrended and then retraced. It is now supported by the standard Fibonacci retracement zone and UNDER the intermediate term mean anchored VWAP. On the RSI indicator, the signals are UNDER the 50 level another suggestion of direction being forecasted. In the meanwhile BTCUSD is trending down. while RIOT is not trading. I will watch RIOT after the open on Monday fully expecting it will fall into the lower VWAP bands but there could be a surprise if BTCUSD reverses over the weekend.
NASDAQ:RIOT
by AwesomeAvani
FUFU a crypto junior miner near penny LONGFUFU went public visa a SAPC ; It is a crypotminer from Singapore. Market cap is SEED_TVCODER77_ETHBTCDATA:1B and the price to sales is 4. On the 30 minute chart with a set of anchored VWAP lines and a predictive algo based on Gaussian regression lines by LuxAlgo., price is seen first in a VWAP breakout into above the third upper VWAP lines peaking on Match 6 and then a gradual full retracement over the 4 days that follow. It is now under that lowe third VWAP line.The range percentage was about 100%. I now see this as a long trade with 100% upside to the Fibonacci level of the downtrend.
NASDAQ:FUFULong
by AwesomeAvani
Bubble theory 🫧 BTC minersThere are two type of bubbles and they burst for different reasons? A bubble is when too many people hold something and what has driven prices up, now as a force works against them. There's a saying. Buy things when everyone is a skeptic. Sell when a taxi driver starts talking about investing. There are no more buyers left on top. First bubble is when volume dries up as the price hits extremes. Second is when peoples attitudes or sentiment, or opinions change to bearish. And that can happen over night, like a switch. It's interesting and finance is a social science. Some bubbles can burst due to external events, like start of wars or some financial crisis. There can be strong bull markets and most of times, these external events would just be noise? > Was btc miners in bubble? And what type of bubble? I think Yes and No? Whenever there's a risk free trade, supported by factors a bubble emerges? The price of Mara was rallying hard, trend was strong. You could argue people got over optimistic, knowing the ETF decision was a risk event. -> therefor (the burst) was sentiment driven. But also predictable? Bubble is when too many people hold asset and there re no buyers left. Similar how a taxi driver is hype about investing. Technical analysis gives you perspective and context. In 1st instance, impulse was too high and volume indicates crowding? It's tricky because it looks so bullish. In 2nd instance, impulse was too low. Price action looked bullish? bubbles happen when too many people hold the shares and expect them to rise. If 1st instance was sentiment switch driven, then 2nd time, the bubble must burst due to exhaustion (or no people left to buy... at these prices.. similar how taxi driver hops in the trade at the wrong time). Factors and thesis can be bullish - and bubble still bursts. Is NVDA and SMCI a bubble? I think there is difference between NVDA, SMCI investors and their time horizon? It could be. I think people believe their investment is supported by the tech drivers. Every dip should be bought out by smart investors and these are the best assets to own in next 5-10 years. It doesnt mean there cant be external events and risks. again- bubble is when too many people are in investment. So bubble can burst either by them changing their sentiment or beliefs (maybe fundamentals must change?). Or if price is just so ridiculously high or there is no money left at sidelines, that trend can't be sustainable. When markets rally - everyone only reads good news and ignores bad news. And vice versa. #HowardMarks #MarketCycle ---> The Risk-Reward buying at these tops just isn't great. That's why they burst. Accompanied by sentiment risks, that hide behind the hood.
NASDAQ:MARAEducation
by citsvar
2
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
MARA fell on a huge earnings beat LONGMARA fell a few days ago while Bitcoin is staging another leg higher along with other coins. On the 30-minute chart, MARA is in undervalued territory below the mean-anchored VWAP and near to the bottom of the high volume area on the volume profile but above the POC line. This seems to be an obvious long trade for me to take. I will set a stop loss of $1.00 below market price and a target of $31 halfway between the mean VWAP and the first upper VWAP the line above it. A call option trade striking $30.00 expiring in three months will be considered. MARA fell from excellent earnings which apparently disappointed some traders /investors. The discount sale is hard to resist given the current fundamentals in the crypto markets.
NASDAQ:MARALong
by AwesomeAvani
MSTR oversold for a long tradeMSTR is now oversold but has a great earnings beat and the cryptomarkets surging to support a bullish idea. The 15 minteu chart shows price sitting on support of the POC line of the immediate volume profile. With confluence, it is above a fully horizontal lower VWAP line that has no slope. Support and resistance horizontal zones are drawn in for reference purposes. I will close my short position of the past day and switch sides here. The RSI indicator gives reassurance as it has pivoted up from the bottom, especially the faster green line. Selling volatility declared the bottom in the immediate term at the same time the relative volume indicator printed a selling volume spiking black bar both immediately before the regular market closed.
NASDAQ:MSTRLong
by AwesomeAvani
$MARA Ready for TakeOff! Bullish There has been a significant bullish momentum for Marathon Digital Holdings ( NASDAQ:MARA ), a prominent player in the Bitcoin mining industry. The stock has been performing well, and the company has recently reported a record-breaking Bitcoin production and mining operation for December 2023. One of the key factors driving this bullish trend is the recent Bitcoin rally, which has seen the seen the price of bitcoin surge. This increase in Bitcoin's value has directly benefited Marathon Digital Holdings, as the company's primary focus is on mining and holding Bitcoin. Additionally, the company's expansion of its mining operations and the acquisition of new mining sites has further fueled the bullish momentum. Marathon Digital Holdings is strategically positioning itself to capitalize on the growing demand for Bitcoin mining, and its recent performance indicates that these efforts are paying off. The bullish momentum for Marathon Digital Holdings is driven by a combination of factors, including the recent Bitcoin rally, the company's strong performance in Bitcoin production, and its strategic expansion of mining operations. As a result, investors are taking notice of this digital powerhouse, and the stock's upward trend is a reflection of this growing interest. Targeting the the $60 price point for profit taking. Cheers :)
NASDAQ:MARALong
by EgideSimba
Mara cooling down before the next leg upIt's been a difficult time being a Mara/BTC miner holder the past few weeks, as BTC has hit ATH's and the miners have counterintuitively been crashing and burning.. No one was expecting the BTC ETF to have the demand that it did, there just isn't enough BTC out there, post halving this will get even tighter. Historically, once previous cycle ATH's have been breached the average time for BTC to double in price is c.70 days, if this holds true we are going to see a $140k BTC by the Summer. With that backdrop, moving onto the Miners, Mara was way over-extended and had run up too hard (As seen by the large bearish divergence on the RSI), it needed to cool down, this is just reversion to the mean and I can see it falling further to the $18-19 levels where there is historical support. I think at these levels it is a big buying opportunity and I can see this going far higher - $40 by end of April is where I see this going. The weak hands are being flushed out and it is supercharged and primed for a move higher! Let's see how it plays out :)
NASDAQ:MARALong
by grbigly
IBIT short-term ideal based on BTC I’ve been looking at the trend bitcoin is taking and i think it may be exhausted and taking a breather… I also have been looking at crypto mining stock such as riot and Mara both developing a double top, and with the ascending triangle Btc has, i think it may actually move downwards to fill a gap, and push back up. Also the long tail on the red candle tell me people have selling sentiment at that level and it will give people the opportunity to get in. I’m new to posting my ideals but i’ve been at it awhile. Not finical advice, do your own due diligence.
NASDAQ:IBITShort
by Hotspaceguy
Bitcoin approaching $60,000. Getting closer to All-Time High!Bitcoin (BTC) Is getting closer to $60,000 and may eventually break the All-time High. There are a few ways to capitalize on BTC moves. 1. Direct purchase of crypto from crypto exchange like Coinbase 2. Invest in stocks associated with BTC. Examples include NASDAQ:MARA , AMEX:GBTC , NASDAQ:COIN , NASDAQ:RIOT , NASDAQ:MSTR 3. Invest in LEAPS options on the same stocks (powerful strategy) 4. Invest in ETFs associated with BTC. Examples include $ARKN, NASDAQ:IBIT , AMEX:HODL , AMEX:FBTC , AMEX:BITB 5. Invest in Bitcoin futures Expect all of these to move up as BTC approaches $60,000
COINBASE:BTCUSDLong
by PortfolioBuildersClub