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BTC is going to plummet until MSTR is dead

 
Anonymous Coward
User ID: 81183049
United Kingdom
06/13/2022 11:08 PM
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Re: BTC is going to plummet until MSTR is dead
Ruh roh

[link to www.forbes.com (secure)]

Michael Saylor:

:wetone:
 Quoting: Zalinsky


Well, they got to $21k, is Michael Saylor dead??
TIO JUAN

User ID: 83626190
Mexico
06/13/2022 11:10 PM
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Re: BTC is going to plummet until MSTR is dead
bump
UNCLE JOHN
Zalinsky  (OP)

User ID: 83633107
United States
06/18/2022 03:00 PM

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Re: BTC is going to plummet until MSTR is dead
If the BTC market is here on Monday morning, it's going to be an interesting day for MSTR stock.
Anonymous Coward
User ID: 83126687
06/18/2022 03:09 PM
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Re: BTC is going to plummet until MSTR is dead
 Quoting: Anonymous Coward 82701913



That makes ZERO sense.

If you short something, that means you're hoping it goes down in value.

You get the money up front (in this case $46,000 per coin), and agree to repay the # of bitcoins at a later date. You want the price to go down so that you can buy X bitcoins at a lower price to fulfill the short contract.
 Quoting: Anonymous Coward 80854113


counterinsurgency to counter short seller
Anonymous Coward
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06/18/2022 03:41 PM
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Re: BTC is going to plummet until MSTR is dead
Looked at the BTC MACD on the 4 hour chart.

It is very low.

What does this mean?

means there could be a bit of a pop. If you are a scalper/day trader could be a bit of an opportunity to make a few going long. With tight stops in place.

I think after a bit of a pop, it may just be in a small range for a while until the MACD resets, and then further down she goes.

Not trading advice. Just my opinion.
 Quoting: Lady Jane Smith


Here, if you want to follow technicals this is the best gift anyone could ever share. No bullshit. He is live right now having a class.


Anonymous Coward
User ID: 82186969
Ukraine
06/18/2022 03:49 PM
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Re: BTC is going to plummet until MSTR is dead
MicroStrategey is ~$ 1.7 billion in unrealized losses on their bitcoin investment





GLP