Wednesday, July 21, 2021

Bitcoin Starts To Rally, What To Buy? 比特币开始上升,要买什么?

After holding the $30000 level for more than 2 months, Bitcoin rallied strongly off $30000 today.  Bitcoin is up over $2300 to over 32000 today. In Today's "B Word" event, which aims to demystify bitcoin, Elon Musk, Jack Dorsey and Cathy Wood are all expressing support to Bitcoin. May be this will start the trip for Bitcoin to break out of the $30000 to $40000 trading range. Meanwhile, Ethereum is up over 9% to near $2000. It may be on the way to $2500. GBTC (26.03) and ETHE(17.95) are the two Trusts that can be purchase with a stock account to participate directly on the up turn of Bitcoin and Ethereum respectively.










Reasons for buying Marathon Digital Holdings ( MARA) are:

1. MARA owns 5518 Bitcoins which valued at $176,576,000 at $32000/Bitcoin. MARA produced 265.6 Bitcoins in June. Strong Bitcoin price performance should be good for MARA.

2. MARA is a money making Bitcoin mining company. It is working to build the biggest mining operation in the US. Its EPS is expected to growth 50% per year for the next 5 years.

3. MARA has only 91.82 million shares float and 18% short interest. It can move fast. It has been among the biggest movers most of the time.

4. Average target price for MARA is $43.5 (from the two latest analysts rating).

5. MARA formed a bullish island reversal pattern today. It has also double bottomed around $20. Near term resistances fro MARA are $27 the $30.













在坚守 30000 美元水平超过 2 个月后,比特币今天从 30000 美元强劲反弹。 比特币今天上涨了 2300多美元,超于 32000 美元。 在今天旨在揭开比特币神秘面纱的“B Word”活动中,Elon Musk、Jack Dorsey 和 Cathy Wood 都表达了对比特币的支持。 可能这将开启比特币突破 30000 美元至 40000 美元交易区间的旅程。 与此同时,以太坊上涨超过 9%,接近 2000 美元。它可能会走向2500美元。 GBTC(26.03)和ETHE(17.95)是两个可以用股票账户购买的信托,分别直接参与比特币和以太坊的上涨。










购买马拉松数字控股(MARA)的原因是:

1. MARA 拥有 5518 个比特币,价值 176,576,000 美元,按 32000 美元/比特币计算。MARA在六月份生产了265.6个比特币。 强劲的比特币价格表现应该对 MARA 有利。

2. MARA 是一家赚钱的比特币挖矿公司。 它正在努力建立美国最大的采矿业务。 其每股收益预计在未来 5 年每年增长 50%。

3. MARA 仅有 9182 万股流通股和 18% 的空头百分比。 它可以快速移动。 大多数时候,它一直是比特币有关股票中波动最大之一。

4. MARA 的平均目标价为 43.5 美元(来自两位分析师最新的评级)。

5、MARA今日形成看涨的岛形反转形态。 它还在20美元左右两次触底。 MARA 的近期阻力位是 27 美元和 30 美元。


















4 comments: