Rallies in Bitcoin & MARA
Cash Bitcoin is up 4.3% this AM, but at 42,825 it remains beneath consequential intermediate-term resistance lodged from 44,000 to 46,000, which must be taken out to trigger new buy signals that will project to targets in the vicinity of 53,000 and possibly to 60,000 thereafter.
Meanwhile, my attached Daily Chart of MARA continues to show that this Bitcoin Miner is attempting to complete a near three-month rounded base formation, and as we speak is probing key "neckline" resistance from 30.20 to 31.80 that is hurdled, will trigger upside potential into the 40-44 target zone... Last is 30.22