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This Stock Will Go From $23 to $75

We have been in it since 95 cents.
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Written by:

Matt Allen
A passion for helping the average person led Matt to start his newsletter, The Common Capitalist, which is a newsletter that focuses on helping the average investor better understand finance.
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This Stock Will Go From $23 to $75

We have been in it since 95 cents.

Dear Investors,

Normally, I just send out stock ideas to premium investors. With that being said, we have had a lot of new subscribers lately, and I wanted to send this stock to everyone.

If you want access to all our stock ideas, you can use this link for our premium membership.

I believe that MARA, Marathon Digital Holdings is still the best stock that you can own right now. If you buy this stock, hold until December. Buy it on the days that it does not do as good.

We have been in this stock since it was at 95 cents, and we have watched it soar to $56.

The stock has fallen back to $23.

You might be thinking, why on earth can a stock go from 95 cents to $56 back to $23?

The reason is this stock mines bitcoin. This is one of the easiest ways to be in bitcoin without owning bitcoin. Tis is the easiest way for the old men on wallstreet to sit on their yachts, talk bad about bitcoin, but own something like Mara so they get the benefits of bitcoin.

MARA follows Bitcoin at a 94% rate meaning when Bitcoin goes up, MARA goes up. When Bitcoin goes down, Mara goes down.

It is very important that you understand this so you can deal with the volatility.

I have been involved with Bitcoin since 2015, so as you can imagine I have seen everything.

With that being said, our charts are showing that bitcoin is on the verge of breaking out massively again. This will cause MARA to break out again as well.

Cryptocurrency has just begun, and it is about to get weird between now and December.

I was having a twitter discussion with Legendary Investor and CNBC Contributor Stephen Weiss. I have tons of respect for him, but he is simply missing the point about bitcoin and the price action. I told him to go compare the bitcoin charts in 2013, 2017 to now. They are almost identical. To be fair, he is probably 250 times smarter than me, but he has yet to be right about Bitcoin, and I have nailed my predictions about Bitcoin since 2016.

You can have all the Ivy League Education in the world, but Warren Buffett taught me that common sense isn’t so common in the stock market. I told him that he owes me a round of Golf when Bitcoin hits $100K this year.

I predicted a $100K Bitcoin in December 2021 back in 2018, when Bitcoin was around $1,000. I thought my parents were going to drug test me. Ha!

I am even more bullish on my prediction of Bitcoin to $100K.

What does this all mean for MARA?

We know that if Bitcoin goes up, Mara goes up.

We know that when Bitcoin was around $55,000, Mara was at $50+.

If my prediction is right about a $100K Bitcoin, then we are looking at a great opportunity with Mara.

Hold this stock until December and buy the dips.

If you have made it this whole time, check out AHT and JAGX. We like these stocks for the short term.

Stay Hungry, Stay Foolish.

Matt Allen

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