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  • Writer's pictureFutureKron

Proof of Prophecy: Yes, Elon Musk has officially acquired Twitter, but I'm still concerned...

According to hot off the press news reports, it is official that Elon Musk has bought Twitter and controlling power. Twitter agreed to be taken over at $54.20 a share, a 38 percent premium over the stock price when it was revealed that Mr. Musk had become the company’s biggest shareholder. Elon Musk struck a deal today (Monday) to buy Twitter for roughly $44 billion, in a victory by the world’s richest man to take over the influential social network.

I had predicted that it could take some time for this all to happen (October of this year to be official "official"), it seems to be happening just a little quicker than I thought (good for Musk). So, I guess you're wondering, what will happen to DOGE and other cryptos?

See my updated quick predics, below...

What about DOGECOIN?

First, be aware that I had mentioned in my original prediction, that Musk's intentions were to integrate a crypto into the platform, but that effort would be squelched over the next few years. I also stated that he could, in doing so, lose money on this Twitter investment in the LONG RUN. So, please be cautious with this investment.

However, with that being said, DOGE should increase in price in early June and mid-to-late July, along with just about every other coin that will take a beating around mid-May through early June timeframe. DOGE should also enjoy a spike in the 4th quarter of this year, and very early 2023. Remember, buy during the big dips, and sell high, but don't hold long because this is a very volatile crypto that will ultimately peak in late 2023 or early 2024, and then lose its value when Musk is stopped dead in his tracks with government regulation. (Don't be surprised to see one last 'pump and dump' in 2025, but you should be long gone from this investment by then! Don't get greedy. )

Do NOT think that DOGE is 'going to the moon' in the long run, or you could lose big! Short-term swing trades ONLY!

Yes, this news will certainly bolster crypto investors' enthusiasm over the next two weeks or so, but BE AWARE that a big dump is coming in May, providing one of the best buying opportunities in this space that we've seen in a while.

So, good job Elon Musk. However, I would be very, very surprised to see him in a photo opp with former President Donald Trump!

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