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No one wants to hear this obviously but the $MARA / $BTC pair shows:
- Weekly bullish divergence (which showed up in 2022 before an 2.3x outperformance)
- Multi-year falling wedge pattern coming to an end at a high time frame demand zone before the parabolic move in 2020
No one is supposed to believe this otherwise everyone would be positioned. Max fear and doubt is literally what you are supposed to feel
Obvi NFA but just showing what I see from the charts. FYI this is a much different view than what you see in $MARA in isolation which hit lows not seen since November 2023
For what it's worth as well its 90% owned by institutions. What do they know that you and I don't?
@cantonmeow @Fibonacci_TA @matthughes13 @aceoftrades618 @chad_ventures @AlemzadehC