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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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TIO JUAN |
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. Quoting: Zalinsky Remember Michael Saylor’s MicroStrategy committed fraud to investors , stockholders , etc during the dot com bubble faking financial data. Some ppl never learn a thing...margin call coming soon !! Saylor’s Bitcoin appetite has grown so much that the CEO is now borrowing millions from banks to add more of the cryptocurrency to MicroStrategy’s balance sheet. The collateral? That’s right, more Bitcoin.
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