Calling a multi year grind the most hated rally, $100 soon’ isn’t bullish, it’s misleading.
The data doesn’t support that timeline there’s a real chance IREN doesn’t even touch $100 by 2027.
Setting expectations like that just sets people up for disappointment.
Downside
$IREN holders look at this
The monthly is about to close as a gravestone doji
That’s not bullish
And it’s not helping the support below
If you’re holding and ignoring this, you’re choosing to
Full breakdown in 2 minutes 👇
Everyone in AI infra is diluting shareholders to death to fund buildouts.
Then there's $WULF $1.45B in liquidity, a $19B Anthropic lease, and a CFO who says they won't touch equity markets again.
Discipline is a competitive advantage nobody's pricing in.
$IREN update after the earnings drop.
This is likely the start of a bigger unwind.
Breaking down what just happened and what I’m seeing now.
Watch here 👇
IREN earnings after the close
Giving my update before the numbers drop
The setup is still ugly
The risks haven’t gone away
And today’s print is going to tell us a lot
I’m dropping my update before the numbers hit
If you’ve been ignoring the risks, today might be the wake up
IREN: the market is pricing the press release, not the 10-Q.
Press release: $4B ARR, 5GW, NVIDIA stake.
10-Q: $33.6M AI revenue, revenue down 40% over 2 quarters, $3.7B convertible debt, mgmt warning of more impairments.
The gap between those two documents IS the trade.
Bitcoin : EVERYONE'S CELEBRATING - THIS CHART SAYS DANGER
Bitcoin ripped over 20% in a week and most already calling for new highs.
I'm starting a massive short at the level I will go over in the video
Multiple factors are stacking at this level. I'll break down exactly why