Setting up a trading zone for the next couple days.This is a pretty loose prediction by my standards, but I am looking for the next couple of days still to be a little sideways action even with how Bitcoin is going. I would look at this as a great entry point for what is poised to be a $40 stock sometime soon. Be diligent that this doesn't continue to a bearish flip for even more loss. In the event of that we would most likely see a breakdown past the green line I have established. We will most likely see a bounce upward off of said line though.
Nothing too crazy with analysis here. Just want to keep it simple. No need to overcomplicate this play because if the current price drop of Bitcoin was due to miner sell off then we will have already locked in profits from hopefully the miners here. I would be interested to see if $MARA is more keen on keeping their Bitcoin as a reserve or more adept to selling.
