Jun 24, 2023·edited Jun 24, 2023Liked by Caleb Franzen
Another outstanding newsletter! You positively nailed Bitcoin's price action. I must admit, I was rooting for you to be wrong regarding support around $25,000 (I certainly didn't try to hide my hopes for an epic selloff below $20K to offer better buying opportunities, but so be it).
I've found I'm actually more comfortable investing in bear markets than bull markets, so I've come to rely on your analysis to help me navigate uptrends. I know. It sounds counter-intuitive for a long-term investor who doesn't short (much) to actually PREFER the selloffs, but I guess it's a result of PTSD from me starting in the markets in 1998 and then getting my butt handed to me in 2001 and 2008 (not to mention a few less-severe smackdowns aside from those).
Anyway, thank you for all of your amazing work and analysis, Caleb. Your comprehensive work helps guide my investing journey, and I am truly grateful.
Another outstanding newsletter! You positively nailed Bitcoin's price action. I must admit, I was rooting for you to be wrong regarding support around $25,000 (I certainly didn't try to hide my hopes for an epic selloff below $20K to offer better buying opportunities, but so be it).
I've found I'm actually more comfortable investing in bear markets than bull markets, so I've come to rely on your analysis to help me navigate uptrends. I know. It sounds counter-intuitive for a long-term investor who doesn't short (much) to actually PREFER the selloffs, but I guess it's a result of PTSD from me starting in the markets in 1998 and then getting my butt handed to me in 2001 and 2008 (not to mention a few less-severe smackdowns aside from those).
Anyway, thank you for all of your amazing work and analysis, Caleb. Your comprehensive work helps guide my investing journey, and I am truly grateful.