MARA update on weekly
Large drop has happened and we are digesting sideways a little bit. Scenario #1 The question will be does the weekly candle close above the $51 - $53 area and we sit here for a week or so before we continue to build back up.
Scenario #2 we get more flush out because leverage is still high and BTC takes the crypto market down towards 43k for a higher low. Those levels for MARA would be the yellow arrows and would likely happen quick.
Leaning towards #1 being a higher probability due to historic test to 2017
Scenario #2 we get more flush out because leverage is still high and BTC takes the crypto market down towards 43k for a higher low. Those levels for MARA would be the yellow arrows and would likely happen quick.
Leaning towards #1 being a higher probability due to historic test to 2017
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