Getting Exposure to Crypto Miners

Bitcoin is flirting with a historic breakout, sitting just a few bucks shy of fresh all-time highs.

Everywhere I look, I’m seeing the perfect setup for a new leg higher from crypto.

Risk appetite is heating up across the board, and the strongest tokens are leaving the station. 

We have a wide-variety of vehicles to choose from to play this bullish thesis.

Whether you look at Bitcoin, Dogecoin, or the crypto miners, they are all offering asymmetrical risk vs reward opportunities.

And if we're talking about catch-up trades, Marathon Digital Holdings $MARA is the one to watch.

Just look how clean this chart is.

Price has been coiling in a tight range below a shelf of former highs, offering a clear level to define our risk and trade against.

If BTC skyrockets, we want to bet on the miners running higher alongside it.

These trades should also come with a good deal of juice.

The miners represent some of the highest-beta vehicles and are an effective way to gain leveraged exposure to crypto.

I’m putting on some trades right here, right now, in MARA and friends.

I think MARA has plenty of room to catch up to its crypto peers… and I think that move is coming underway now.

We just sold a double in our call options in Riot Platforms. MARA should be next.

Everyone is on board with this theme right now.

Sean hates Bitcoin miners, but even he put on a new options trade in MARA today. If you’re interested in getting the trade details, click here.

The bottom line is we’re all buying BTC stocks and positioning for a big breakout. 

How are you preparing for BTC 100k?

Hope you enjoyed this post!

Alfonso.