Are you referring to someone specific? This sounds good
Sooo bitcoins price goes sideways for 8 months and then rallies about 35% from the peak of that range and people think we might pull back 30% now? We haven’t gone anywhere yet. I would think a 30% correction would happen after a substantial up move
Reacting to todays price action… at least I don’t own MSTR though
Was ist das?
Looks like ramen and maggots bread is back on the menu boys!!!
Whatever happened to John Vallis?
FLD at a new all time high
nostr:note1hy6nt28mzjurxcvl5p53kr3lkqwptuvdhkdld5wddathj27a8k0qvs5wug
The market is starting to realize that Fold (FLD) has over 1000 BTC in their treasury
How traders and investors behave with regards to round number price levels
All this time I spent sweating out the bear market, reading, listening to podcasts, stressing, etc only to have bet on the slow horse (bitcoin). lol😀
That giant sucking sound you hear is the world’s purchasing power flowing into the #Bitcoin network.
Sounds more like it’s going into MSTR
I am the first to admit that I have no idea what will happen but here is my thought process. Last cycle (someone can check me on this - I think I’m close but probably not exact), MSTR traded from 100 to 1000 while Bitcoin went from $10k to $70. So MSTR did about a 10x while Bitcoin did a 7x. This cycle, since breaking its prior high, Bitcoin is up 30% while MSTR is up >400% . The price is going vertical (on a non log chart) over the last couple of weeks and so my concern is that it’s getting overheated vs the price of bitcoin. Maybe someone big got caught long bitcoin and short MSTR and are unwinding. Or maybe it’s normal to expect MSTR to outperform Bitcoin 10 to 1 (since breaking their prior cycle highs). By moving to Bitcoin, I am betting that Bitcoin plays some catch up on a relative basis.
I sold some MSTR today and moved it to a bitcoin ETF. I don’t claim to know where the stock price should be but when it runs from 330 to 450 this week when Bitcoin didn’t go up in price at all felt like the right thing to do. Who knows? Probably will go to 500 tomorrow and bitcoin will trade sub 90k
MSTR has had a halving rally already. hope bitcoin’s rally begins soon (in earnest)!
Cowabunga! The corn price Barting back to 90k.
Harvard football won a thriller vs Penn today 31-28. Harvard has been fun to watch all season