Nighttime Market Update 12/14/23
I think were still fine, even though it may look kind of sketch.
At this point, its should not really be surprising what I want to see. Under 4HR and maybe were bearish.
Its just hard to see us falling from here when the dollar has just lost so much value.
If I had to guess, I think that the price is being manipulated a bit to keep it in this range to get people scared out and to buy more. I think any movement in an upwards direction might send to price too high for people to buy it here and if they send it to 42.5, it may look too good and then shoot up very quickly.
So in that sense, I believe there is merit to keeping the price in this range for accumulation purposes.
Pray for the second Set of Mara OTM calls that I have. LOL I have 1300 bucks averaged at around 6 cents. It ended yesterday at 7 cents. 🙏🙏 If we start the day (MARA) at 17.50, they should easily be 14 cents. Yolo 😏
At this point, its should not really be surprising what I want to see. Under 4HR and maybe were bearish.
Its just hard to see us falling from here when the dollar has just lost so much value.
If I had to guess, I think that the price is being manipulated a bit to keep it in this range to get people scared out and to buy more. I think any movement in an upwards direction might send to price too high for people to buy it here and if they send it to 42.5, it may look too good and then shoot up very quickly.
So in that sense, I believe there is merit to keeping the price in this range for accumulation purposes.
Pray for the second Set of Mara OTM calls that I have. LOL I have 1300 bucks averaged at around 6 cents. It ended yesterday at 7 cents. 🙏🙏 If we start the day (MARA) at 17.50, they should easily be 14 cents. Yolo 😏
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