Tag: MARA

  • Top Ways to Trade the Bitcoin Pullback Today

    Top Ways to Trade the Bitcoin Pullback Today

    Bitcoin could jump back above $70,000. All as it nears its halving event later this month.  After all, according to Blockworks.co., Bitcoin typically does well after these events. One way to trade another round of upside is with the ProShares Bitcoin Strategy ETF (BITO). When Bitcoin pushes aggressively higher, we can look at the Pro Shares Bitcoin…

  • Here’s Why Bitcoin Miners Could See Higher Highs

    Here’s Why Bitcoin Miners Could See Higher Highs

    Investors may want to keep an eye on oversold Bitcoin mining stocks, we noted on Jan. 30. Especially with Bitcoin bouncing back from excessively oversold conditions. Analysts at JP Morgan are saying that outflows from Grayscale’s covered spot Bitcoin ETF is largely behind us. “This would imply that most of the downward pressure on bitcoin…

  • It May be Time to Go Long Bitcoin Miners Again

    It May be Time to Go Long Bitcoin Miners Again

    Investors may want to keep an eye on oversold Bitcoin mining stocks. Especially with Bitcoin bouncing back from excessively oversold conditions. Analysts at JP Morgan are saying that outflows from Grayscale’s covered spot Bitcoin ETF is largely behind us. “This would imply that most of the downward pressure on bitcoin from that channel should be…

  • Three Top Ways to Trade the Bitcoin Bounce

    Three Top Ways to Trade the Bitcoin Bounce

    Bitcoin is just beginning to recover. Days ago, Elon Musk sent the digital currency screaming lower after saying Tesla would no longer accept Bitcoin for auto purchases, citing “rapidly increasing use of fossil fuels for Bitcoin mining,” as quoted by CNBC. In addition, Musk tweeted, “We are also looking at other cryptocurrencies that use <1%…