Bitcoin is trying to run higher again today.
After a brief pullback, BTC is up about $632 to $66,754.80 this morning. From here, we’d like to see it test $70,000 immediate term. That’s not only good news for the digital currency, but also for mining stocks, like Marathon Digital (MARA).
Better, after pulling back from about $34, it just found strong support at s 50-day moving average at $22.62. From here, we’d like to see it retest its prior high of $34. Helping, analysts at B. Riley just raised their price target on MARA, as did analysts at H.C. Wainwright.