While waiting for the stock market to continue its nascent trend lower, Bitcoin has been rising with impressive momentum. Buying and adding to Bitcoin positions on full moons has continued to offer a superior dollar cost averaging accumulation methodology over and beyond a simply buying and holding, HODL if you will. Another strategy has been to buy MARA calls at the cycle lows and reversing to puts at cycle highs. Easier said than done. Here is the two-week moon cycle superimposed on MARA's daily chart. MARA The MARA Oct 15th $42C went from $4.00 at the Sep 21st cycle low to as high as $7.00 today. Unfortunately during the run there was a drawdown to a low of $1.50, a 62.5% loss before MARA got on board the bullish cycle. That is why I suggested that any funds thrown at this, "MARA Moon Cycle," be limited to what could go to zero if the trade falters. Today, October 6th, is a potential cycle top with lower Bitcoin prices into the next full moon cycle low, due Wednesday, October 20th, 10:57 AM ET. Bitcoin
