I've been following Marathon Digital (MARA) and I'm curious about the community's thoughts on its potential as a Bitcoin proxy. Given its strong correlation with Bitcoin prices, I'm speculating that if Bitcoin returns to the $65-70k range, MARA could potentially reach the mid-$20s.
What do you think about this projection? Are there any factors I might be overlooking that could impact MARA’s performance, either positively or negatively? How do you see MARA's fundamentals aligning with the broader crypto market trends?
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