Remember 4-8 weeks ago when analysts were posting super bearish market commentary for stocks?They got scared during a bull market

CN
7 days ago

Remember 4-8 weeks ago when analysts were posting super bearish market commentary for stocks?

They got scared during a bull market.

They exited positions & called for more downside.

They called it risk-off (which was slightly true), but then they tried to tell us that sitting in cash was the solution.

Now the stock market is making new ATHs, leaving those analysts in the dust because they couldn't handle a bit of a correction within a broader uptrend.

I stayed comfortable, let the market correct, and sat tight.

There's a huge lesson here, and hopefully an opportunity for those analysts to level up... but I also think it's an appropriate reminder for Bitcoin investors in the current market environment.

My belief is that $BTC will make new all-time highs.

It's just a matter of when, not if... and I think it happens sooner rather than later.

What will price do between now and then?

No clue.

But I'm going to stay comfortable, let the market correct, and sit tight.

That's just me... you do you.


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