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that said, it's risk-on assets from here on out.
Saylor is gonna finance another 1B on BTC buys. Elon is going to push DOGE for reasons beyond anyone's comprehension, and Trump’s likely not done with his crypto slop either. it’s going to get weird.
the general consensus here is that BTC will shake out at the obvious target, which is $100k. from there, most are calling for an aggressive run to $250k. in terms of ETH, the hopium brings us to $10k with $25k letting us all retire. unfortunately these numbers are completely meaningless & the shilling just shows you where people’s bags lie. realistically, we're probably looking at a nasty chop towards the end of the week, which is likely quickly filled.
so what i would tell you, is that it’s going to get nasty, so don’t get shaken out. generally, i wouldn't sell any majors until AT LEAST inauguration. there is almost no geo/political risk left in this market & the holiday season is right around the corner. now is not the time. stay the course. 1 reply
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