Bitcoin 365 Day Distribution Plan

BTCUSD

Always learn to question what you see taught. Microstrategy buying $750M+ worth of Bitcoin and that being spun with a bullish narrative deserves a second look.

The top seems to be technically in here and the fractal following the 2017 top is in purple on the chart, which lines up perfectly with key trend lines and supply/demand zones on the 1D Coinbase chart. Max pain for investors would be a year worth of slow bleed and ranging lower until we ultimately hit $3,200 - $4,200 again.

No one said the path to financial freedom would be easy or quick. Dip of this magnitude is just another opportunity to load up with more if you truly believe that Bitcoin is the future of the Global Financial System. Good Luck.

- PennyBag

Comment:

This trade is going according to plan. Bitcoin is now in the distribution phase after this most recent bull leg up. The more Microstrategy continues to accumulate will only prolong the next leg up due to price suppression tactics to artificially keep price down to allow maximum accumulation for the least amount of capital and further allow them to control the market due to supply control.

If you are a bitcoin bull you do not want to see Microstrategy to continue to expand their reach within crypto markets in general.

- PennyBags