Now I'll clarify a little why the altcoin is down, in case someone is not so informed:
1) A whale entered a long position on Bitcoin and Pepe for several hundred million dollars. Closing or liquidation will lead to a sell-off.
2) A collective lawsuit has been filed against Strategy for risks related to their Bitcoin strategy.
3) The accumulation of liquidations at 101K is much higher than at 106K, so any weakness in Bitcoin will cause us to drop significantly.
4) Two attempts to break above 106K+ triggered a sell-off - many no longer believe as strongly.
The prospects are not great, but I will not short Bitcoin.)
#SaylorBTCPurchase
1) A whale entered a long position on Bitcoin and Pepe for several hundred million dollars. Closing or liquidation will lead to a sell-off.
2) A collective lawsuit has been filed against Strategy for risks related to their Bitcoin strategy.
3) The accumulation of liquidations at 101K is much higher than at 106K, so any weakness in Bitcoin will cause us to drop significantly.
4) Two attempts to break above 106K+ triggered a sell-off - many no longer believe as strongly.
The prospects are not great, but I will not short Bitcoin.)
#SaylorBTCPurchase