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BTC is going to plummet until MSTR is dead
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:AR 15-SPECIALIST:MV81MTI4MzYxXzk0MTcxNDMyXzVBOTQ5M0Y0] [quote:Anonymous Coward 82590317:MV81MTI4MzYxXzk0MTY1ODM5Xzc2NUUwREZG] [quote:Zalinsky:MV81MTI4MzYxXzc2QTk4RTg2] If you are long BTC, put on your diapers. https://finance.yahoo.com/news/bitcoin-margin-call-world-leading-211214653.html Read the article. MSTR is one of the largest holders of BTC, and they are a levered long. The market now knows where the max pain point is...somewhere below $21K. The market always aims for max pain. And there is no bigger max pain than a giant levered player that can get margin called. BTC will drop until MSTR is wiped out. At that point, the forced selling will probably drop BTC into the $10-15K range and maybe more if there are lot of others levered longs, which there most certainly are. [/quote] Deep State controls Bitcoin they'll drop it down low. Buy it back then rocket it to 100k or 0 take your pick. Anyone that thinks Bitcoin is decentralized has lots to learn cause its not. Deep State Coin. [/quote] Countries are buying during the dip! COUNTRIES! Bitcoin is going no where. The only question is how low will it go before they decide it’s enough? 21? 19? 15!?! It’s not about now to TPTB…it’s the long run. [/quote]
Original Message
If you are long BTC, put on your diapers.
[
link to finance.yahoo.com (secure)
]
Read the article. MSTR is one of the largest holders of BTC, and they are a levered long.
The market now knows where the max pain point is...somewhere below $21K.
The market always aims for max pain. And there is no bigger max pain than a giant levered player that can get margin called.
BTC will drop until MSTR is wiped out. At that point, the forced selling will probably drop BTC into the $10-15K range and maybe more if there are lot of others levered longs, which there most certainly are.
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