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Boop.Fun leading the way with a new launchpad on Solana.
$IREN investors, do not listen to chart chasers who rely on squiggly lines, RSI, MACD and other trend indicators. This is the first time that many of them will have ever witnessed true institutional price discovery.
We are on the verge of serious price discovery... think $TSLA $40 > $300. $CVNA from $40 > $250. $NVDA $11 > $170.
Do not get caught up in 5-10-15% pullbacks. Take some profits along the way but stay invested for the entire ride up.
✅ Underlying $BTC asset is about to rocket up to $250k - $400k over the next 12-18 months
✅ Global mining hash stalled 6-9 months ago and is going no where for the rest of this cycle. No serious player is going to ramp up mining CAPEX into the final leg of the cycle which will make existing miners that much more profitable the rest of this cycle. If someone were dumb enough to do that, they would always be investing and spending max money at the end of the cycle...nobody is doing this (Expect a huge CAPEX build out after this cycle though).
✅ AI/HPC free call option to the upside with massive power potential and footprint. $IREN has best in breed power portfolio. The higher #Bitcoin goes the more leverage $IREN has with hyper scalers
I have always thought $IREN was going to $50-$75 this cycle...starting to think these numbers might be very conservative. $150 not out of the question in the next 12 months. If you think this is impossible, ask yourself these 2 questions:
(a) Look up $MARA and $RIOT last cycle and see how quickly they can run, and how far it can go.
(b) What do you think Institutional Capital will do, when they finally realize that with $BTC trading at $300k, Miners can still mine all in at $75k and $80k all in, including depreciation. It is going to be a chase like we have never seen before for Miners.
Stay Bullish🚀🚀🚀🚀
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