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Good news and bad news.
The bad news first. Well if Stifel’s prediction comes to fruition, that’s another -50% drop from here. Would be financial ruins for almost everybody in crypto.
The good news now. Stifel has a bad track record. Called for a 20% market correction 2H last year, then 15% correction, then 10%. Got none. The markets just rallied to ATH’s instead.
So ya, X has engagement farming. Wall Street analysts have these extreme PT’s for headlines and talking points. Same thing.
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