MARA Sells $1.5B in Bitcoin

Bitcoin mining giant MARA dumped $1.5 billion worth of BTC holdings, booking a staggering $1.26 billion loss for Q1 2026, per Decrypt reports. This move underscores the brutal crypto market volatility hitting miners hard, especially after last year's halvings squeezed margins and forced asset liquidations among Bitcoin mining stocks. Investors eye this as a potential signal for broader sector pain, with MARA's shares likely to face pressure amid ongoing BTC price prediction uncertainties.

On the technical front, BTC trades at $80,827.75 in a bullish structure, hugging the EMA50 at $80,478.38 as immediate support while the EMA200 at $76,744.97 anchors longer-term floors. Yet MACD flashes a bearish death cross at 94.65, clashing with neutral RSI at 49.39, suggesting momentum wanes. Price coils inside Bollinger Bands, testing upper resistance at $82,027.85—a break here could ignite hype for continuation, but failure risks a slide to lower support at $80,111.56, especially if miner sales like MARA's amplify selling pressure in this crypto market crash scenario.