Today on the Morning Show, JC was talking about bitcoin and how if you want to underperform the next leg higher in crypto, then own bitcoin. But if you really want to get some juice for the next crypto rally, the crypto mining stocks are how to participate!
In particular, both JC and Strazza like Riot Platforms $RIOT and Marathon Digital Holdings $MARA.
And specifically, we all like what could have been a recent “oops” or fakeout-breakdown that may have just shaken out all the weak hands, clearing a path for the next move to new cycle highs:
With $MARA flirting with breaking back above $16.00 per share today and implied volatility in the options near yearly lows, it feels like high time to catch the whipsaw back to highs.
Here’s the Play: [Read more…]