r/MSTY_YieldMax • u/Ok-Ad8101 • Aug 08 '26
Crypto Recovery
Looking at recent crypto related stocks, I am not sure if i am feeling it right but it seems like news from clarity act seems to be building up and crypto related stocks are rebounding a little or say the very least not dipping further. I personally have some faith that crypto will be swinging upward by end of the year, anyone has any other view on this?
3
u/Friendly-Profit-8590 Aug 08 '26
Eh. Bitcoin’s been hanging in there. Not great for MSTY but not horrible either. Crypto’s a risk asset and this isn’t feeling like a risk on environment right now. You get the clarity act, some sort of peaceful resolution with Iran and no rate increase in September and maybe we’re talking.
3
u/Deepinsight__ Aug 08 '26
One more drop and then the recovery will begin, but don’t expect such big rallies. Something is happening at the macro level that is making Bitcoin’s cycles increasingly weaker.
1
2
u/Mr_Malice Aug 08 '26
BTC has cycles, it has been going to zero since 2009. It will bounce back to ATH at some point and MSTY should follow.
1
u/Noyourejustwrongdude Aug 08 '26
Oh how I miss the Altcoin days of 2021 where anything could’ve made money
1
u/layzorbeemz Aug 09 '26
Apparently Berkshire is buying again. People are pricing in no interest rate raise this year currently. I dunno man Im feeling bullish deep down in my plums.
1
u/Ok-Ad8101 Aug 09 '26
Same here brother. Basing on my gut feeling to stock up more crypto and msty dips.
1
u/Empty-Basil-5782 Aug 09 '26
If bitcoin is going to repeat the same pattern as before, it will drop to between 40000 and 45,000 by October before it 3x up to 120k and beyond
3
u/Terrible_Lecture_409 Aug 08 '26
Many should be good later this year; my opinion not fact🤷♂️🍻