To The Moon

MARA seems to have bottomed out for now, but we know it still depends on BTC performance which looks choppy to me. Spot exchanges continue to see lower Bitcoin availability, which is good, but Derivatives markets are in control and activity there is on the rise again. We really need the SEC approval of some Spot Bitcoin ETFs to help stabilize the Derivatives and grow the Bitcoin price. Bitcoin is still tied too tightly to equities markets, inflation, interest rates and the USD activity. This could all change with long overdue US legislation of the crypto market. I have written but received no feedback from any of the Senators who are proponents of the bills that have gone nowhere in Congress. Meanwhile, Bitcoin charts do indicate we may be at the bottom of this year+ downturn based on the past slides going back to 2012 but that's no guarantee unless we see some catalyst to take Bitcoin higher. Ripple winning its case (probably by settlement) vs the SEC is our best opportunity for the next big catalyst. Dec. 5 is when the public will finally get to see the redacted summary judgment briefs by both parties. This should be telling. The earliest possible settlement seems to be by end of Q1. Otherwise, a final court ruling will come sometime in Q2.

$Marathon Digital Holdings Inc(MARA)$