March 2024 - Market Overview - There Will be Blood before 100k…But For How Long?

PREMIUM NEWSLETTER FOR PAYING SUBSCRIBERS (Released every Thursday each week).

Before we crack into the fleshy parts of this week’s newsletter…

Here’s a funny Crypto meme for your enjoyment 

Embrace the Refuel before new market highs

A quick brief -

    Don’t lose your shirt. This correction is for buying 

• What you MUST write-down to profit from future MEMECOIN-MANIA’S!

• The Hype Cycle chart tells us we are resetting for the next BTC leg

• What we can learn from GBTC 

• My advice to investors navigating this time

• The Pre-halving correction phase, or a repeat of March 2023?

I also cover

• The FED still holds this market hostage but BULLS have been given the all clear!

• Let your winners run! It’s a marathon not a sprint

• Bitcoin halving makes Bitcoin scarcer than Gold. Let the marketing begin

Let’s crack in!

MEMECOIN MANIA STRIKES AGAIN!

Remember when pictures of rocks went for hundreds of thousands of dollars?

And when Elon Musk’s tweets sent DOGE and FLOKI flying in the last bull market?

I do.

It is obvious in hindsight..but also obvious to experienced investors in the moment that this was an extreme swing in the market

It was written in the stars when “memecoin-mania” emerged on SOLANA, rivalling the most nutty phases of prior bull markets.

How nutty did it get?

The creator of a memecoin “accidentally” burned Millions of the token meant as an airdrop and it made the news 

The coin then hilariously went on to reach a $411 million marketcap highlighting the frothy excess after a new Bitcoin ATH

You can’t make this up.

Notes for the future?

Action Step: recognise irrational manias as a short/mid term topping point for the market.

Opportunity: savvy investors can identify these trends and lean in to capture outsized returns BUT YOU MUST MANAGE YOUR RISK.

(Below) Rekt Capital has an excellent Bull Market flowchart on altcoin hype cycles

See how the “Highest Hype” lines up with our move into April ending with the pop in memes.

Right on track!

Where to now?

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