CEO’s Perspective Q2
Dear Investors,
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It is a pleasure to address you at this exciting juncture in the cryptocurrency market. In the first few months of the year, we have witnessed unprecedented events that have laid the groundwork for an exciting period of continued growth.
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Bitcoin, our primary benchmark, recently reached a historic high, marking a significant milestone in its journey. The April 19th halving demonstrated the resilience of its protocol and provided a catalyst for market confidence. While we have experienced a temporary pullback from $70,000 to $63,000, we view this adjustment as a healthy correction, necessary to consolidate gains and allow the market to continue its upward trend.
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The positive momentum is not limited to Bitcoin alone. The approval of the Bitcoin ETF and the influx of institutional money have bolstered the credibility and legitimacy of the cryptocurrency market. These developments have laid the groundwork for what we believe will be an exceptional year for the industry as a whole.While Bitcoin has led the way, we expect altcoins to be the emerging stars in the coming months. Many of these coins have not yet reached their all-time highs, but we firmly believe it is only a matter of time. This bull run is in its early stages, and we anticipate significant investment opportunities to unfold in this segment of the market.
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Our advice to investors is to remain calm and patient. While fluctuations may be inevitable in the short term, our long-term outlook remains optimistic. We will continue to closely monitor market trends and adjust our strategies accordingly to maximize returns and mitigate risks.
In summary, we are excited about the prospects that the cryptocurrency market holds in the coming months. With a prudent approach and a well-founded strategy, we are confident that Mercuri Capital and our investors will be well-positioned to capitalize on the opportunities that arise.
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Sincerely,
I?igo Goya Garcia
CEO, Mercuri Capital