Pressure for a short squeeze has been building… catalysts have caught up just as price has been pushed to support levels- $ is moving up and will squeeze it much higher. Likely a week or two move to $18-$30+ …(currently around $7.35)
-Btc rising
-Shorts have pushed price down to support level, Anyone in MARA now is not selling & unlikely to be manipulated by HF tactics,
-35% or higher short float that still have to cover- (45Million shares that have to be purchased), likely higher after borrowing 1.2M Shares on Friday to take the price down in light of the positive headlines,
-limited number of shares available considering the high daily volume,
-just announced debt reduction payments,
-Now turning profitable this year, on track with the major ramp up in mining capacity and with top energy efficiently, to be producing around 2200 BTC per month by mid summer,
-Price Targets that are double and triple current price.
-A short squeeze is on the way & price is going much higher to reflect where price should be as well as all of the bullish developments.
Leave a Reply