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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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BTC is going to plummet until MSTR is dead
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Poster Handle
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Anonymous Coward |
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Post Content
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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. it’s quite cheap to buy an article on yahoo 21 k is the top of the last run. so it’s very likely it will be the bottom of the current but there are a lot of whales who sold at 69k and are sitting on massive amounts of cash ready to buy in at again at 30k so probably won’t dip much lower Yahoo picks up anything from PR news wire and that subscription is like 9.99  These people literally have no idea they are reading paid articles. Oh the sheep.
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