What a class, thank you very much, it changed my way of looking at BTC and XRP.
Gustavo Ambrosine
·
--
Bearish
🔫 The bullets are running out, and the target is getting further away. This is the current situation of Michael Saylor's MicroStrategy. After hours of research, I couldn't find the exact average price of their Bitcoin purchases, but estimates suggest something between $72,000 and $75,000, not including fees and interest. 📉💸 Yes, he is leveraged, and like anyone operating with debt, he has to deal with financial costs that never stop growing.
⚡ So far, the movement of BTC follows a normal flow—there was a significant rise and now it is undergoing a correction. But those who live in this market know: Bitcoin is marked by great catastrophes created by greed. 💀🔥 Being here is like living on an island where, from time to time, a tsunami 🌊 comes and takes everything away. And this tsunami may be forming now due to MicroStrategy, just as we have seen in the past with FTX, Terra/Luna, and other sector implosions. 💥📉
⚠️ The level of $75,000 will be a critical point. If BTC approaches this range and MicroStrategy faces a margin call, we could be on the verge of an unprecedented crisis in the Bitcoin market. If Saylor miscalculates the next move, the cascading effect could be devastating. ⏳💀#MicroStrategy #MichaelSaylor $BTC
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
170
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.