To The Moon

$MicroStrategy(MSTR)$  $Marathon Digital Holdings Inc(MARA)$  $CleanSpark, Inc.(CLSK)$  $Riot Blockchain, Inc.(RIOT)$  $Coinbase Global, Inc.(COIN)$   

These few days of bleeding reds were expected. Hence I repeatedly emphasized for yall to take profits while crypto-related stocks were somewhat at their peaks last week. And that there will always be a better time to buy in. For those who took my advice to take profits last week, and re-enter over these few days, good for you!!

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Did the market over-react and over-sell?

Certainly, as always. As mentioned, investors are overly-reactive.

Was that expected? 

Certainly, that's why I said to take profits last week as we would likely open in the reds through Wed.

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However, Inflation or not, higher for longer interest rate or not, there's quite a good chance that investors forget about whatever the FEDs say today and stocks REBOUND STRONGLY in the GREENS starting tml. And that includes Bitcoin. After Bitcoin hits its support at USD$56, 000 to USD$57, 000, long term believers and baggers will come in and Bitcoin will hit above USD$60, 000 once more. Will Bitcoin rebound stronger this time round and reach a new ATH? Doubt it will, till the first rate cut is in view...but who knows? 🤭🫶🤭🫶🤭🫶

The pent-up buying spree will start as fear settle and stocks will likely be on its run-up once more. Afterall, stocks don't stay down forever. Inflation or not, there will always be days of greens that yall can look forward to. 

So stay positive my friends! For those brave enough and took a dip into the market, cheers and good luck ahead!

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