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.