Some metrics to keep in mind:
-Bitcoin is poised to jump between 10% to 20% over the next few days/weeks as the result of massive institutional ETF preparations. But for holders of MARA whether long or short, one must bear in mind that the stock has traditionally moved in unison with Bitcoin at anywhere and everywhere from 2x to 4x leverage, thus a 10% move in bitcoin translate to a 20%, at minimum, move in MARA. If the mad rush
into Bitcoin results in a 20% move, then we are looking at moves in MARA stock price of anywhere from $5 to $20 per share. Relatively speaking we have VERY reasonable expectation of $18.00-$19.00 per share all the way up to $25 per share or more in a parabolic move.
These levels of leverage for MARA stock are not unreasonable expectations given the stocks behavior in the past (for both up and down). Just my 2 cents. $Marathon Digital Holdings Inc(MARA)$
Comments