MARA: Bitcoin Miner Acquires Texas Land Plot

MARA shares jumped after the Bitcoin miner agreed to buy a large powered land plot in Texas to scale operations.

Price action on the 4h chart shows BTC at $63203.12 inside Bollinger Bands with upper resistance at $64306.94 and lower support at $61691.93. The EMA50 at $62419.9 acts as immediate support while the EMA200 at $64018.36 caps upside. RSI at 54.73 stays neutral yet MACD signals a death cross at 41.64, suggesting a likely retracement to the 50-EMA before any continuation higher.