MARA, COIN, MSTR, The Inverse is Playing Out

Twelve_E
02-29

Bitcoin concept stocks $Marathon Digital Holdings Inc(MARA)$ $Coinbase Global, Inc.(COIN)$ $MicroStrategy(MSTR)$ all almost doubled in 20 days in market cap.

In comparison, $MicroStrategy(MSTR)$ has the strongest trend, followed by $Coinbase Global, Inc.(COIN)$ , and then $Marathon Digital Holdings Inc(MARA)$

February 28th is the third time $Mama's Creations Inc.(MAMA)$ has been rejected at the $30 range.

$MARA Earnings Highlight>>

Marathon just announced 1840% higher earnings than expected.

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Q: What is Marathon Digital Holdings Inc(MARA) 2023Q3 Earnings Summary?

https://ir.mara.com/https://ir.mara.com/

However, after the financial report data, $Marathon Digital Holdings Inc(MARA)$ fell 6.7% in after-hours trading.

The same day, bitcoin miners stocks see many drops,

According Short volume for the day across of Bitcoin Miners, the rank is as below:

$Marathon Digital Holdings Inc(MARA)$ 58%

$CleanSpark, Inc.(CLSK)$ 57%

$Bitfarms Ltd.(BITF)$ 52%

$Mawson Infrastructure Group Inc.(MIGI)$ 50%

$Stronghold Digital Mining, Inc.(SDIG)$ 50%

$Bitdeer Technologies Group(BTDR)$ 47%

$Iris Energy Ltd(IREN)$ 40%

$TeraWulf Inc.(WULF)$ 41.%

Reference others below at Finra link

https://cdn.finra.org/equity/regsho/daily/CNMSshvol20240227.txt

The inverse head and shoulders pattern playing out.

BTC Rebound: A New Rally or Bull Trap?
After the sell-off on Tuesday, Bitcoin surged by 5.8% on Wednesday, reaching $67,002.84, driving an overall uptrend in the digital asset market. Bitcoin had reached a historic high of $69,191.95 on Tuesday before swiftly dropping below $60,000. According to data, the range between the high and low points on Tuesday exceeded 14%, marking the largest price fluctuation for Bitcoin this year. -------------------- How do you view? Will Bitcoin Pullback or Push Higher? What's your target price for Bitcoin?
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