These guys have 122,500 Bitcoin (BTC) and have a total average purchase price of 30k with an average buy in of $3.66 Billion. Watch out if Bitcoin breaks below 30k.... who knows when the banks are gonna start calling and asking for their billions back... at the time of this article in December 2021, Microstrategy's BTC was valued at $6.13 Billion which is now as of this date worth about $4.25 Billion. At what point does Mr. Saylor sell???
www.nasdaq.com/artic...holds-122478-bitcoin
That higher volume you see on the wave C is indicative of a wave C pullback and a blowoff top which is exactly what occured in 2021.
We might get a really good bounce to the upside before this red arrow takes effect but it's going to happen. Bitcoin is the riskiest of risk assets and these guys have $3.66 Billion worth of Bitcoin
www.nasdaq.com/artic...holds-122478-bitcoin
That higher volume you see on the wave C is indicative of a wave C pullback and a blowoff top which is exactly what occured in 2021.
We might get a really good bounce to the upside before this red arrow takes effect but it's going to happen. Bitcoin is the riskiest of risk assets and these guys have $3.66 Billion worth of Bitcoin