I Believe the BTC Machine is Still Going: CLSK, MARA, COIN, MSTR

Marcus_Web3
11-27

$Bitcoin(BTC.USD.CC)$ Massive launchpad forming here.

ImageImage

I believe the machine is still going.

ImageImage

$Bitcoin(BTC.USD.CC)$ ‘s bullish sentiment and liquidity near $100,000 suggest a potential short squeeze.

ImageImage

I Will continue to do swing trade of $CleanSpark, Inc.(CLSK)$ , $MARA Holdings(MARA)$ , $MicroStrategy(MSTR)$ $T-Rex 2X Long MSTR Daily Target ETF(MSTU)$ and $Coinbase Global, Inc.(COIN)$, $GraniteShares 2x Long COIN Daily ETF(CONL)$ but not Options.

What the others miners failed to do was scale quickly. $MARA Holdings(MARA)$ not spending time constructing facilities in the last cycle and paying more in fees mine BTC turned out to be the smartest way to start. You only have four years to mine as much as you can at that cost ever!

$MicroStrategy(MSTR)$ has surged by an impressive 831% over the past year, primarily driven by MicroStrategy substantial Bitcoin acquisitions. While Bitcoin is experiencing a strong rally, history suggests that it won’t last indefinitely, as pullbacks are inevitable. The future trajectory of $MSTR will likely hinge on how far Bitcoin declines before potentially rebounding to $130,000 in the near term. $MSTR is expected to navigate this volatility, offering opportunities for investors. Even if its stock stabilizes and sees monthly fluctuations of just 5-10%, it could still deliver significant returns for long-term holders.

Consider the law of large numbers. $MicroStrategy(MSTR)$ has experienced significant growth in recent months, while $CleanSpark, Inc.(CLSK)$ still has room to grow. I believe the most important thing is to decide on the right entry point and the right company. Both are very solid companies, but the first one has already gone through an aggressive bull run.

BTC Retraces to $96000: Buy the Dip or Exit Now?
Bitcoin dropped to a low of $96,789, over $10,000 below Tuesday's all-time high, marking a 4% decline. Since the US election on November 5, Bitcoin's price has risen by more than 45%. Zann Kwan, CIO of Revo Digital Family Office, predicts that Bitcoin may retreat to just above the $90,000 level in the short term. ------------ What's your target price for Bitcoin in 2024? Is it good time to buy the dip or exit from Bitcoin?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • NotWizard
    11-29
    NotWizard

    after 100k it will rush to 110-130k in a blink of an eye.

  • Branbravo
    11-27
    Branbravo
    why the MSTU is not leveraging 2 times while MSTX did?
Leave a comment
2
6