Impossible to sell
Post
Alaa El-Sawy
·
--
With the peak of "Bitcoin Winter".. Michael Saylor: Hold on 😂😂
Michael Saylor, the chairman of Strategy, a company specializing in Bitcoin storage, commented on the sharp collapse currently happening with the cryptocurrency and its drop to below $84,000, urging investors to hold firm in the face of the violent downturn.
Saylor posted an AI-generated image showing him in a harsh snowy environment reminiscent of the North Pole, referring to the cryptocurrency market entering what is known as "Bitcoin Winter," a term used to indicate extended downturn periods, and captioned the image with a single word: "Hold on".
The image also symbolizes the term "Shakedown Cruise," which in the Navy refers to a test voyage for a ship before official operation, while in economics, the term "Shakedown" refers to a testing phase for resilience and endurance before entering the real phase.
This means, according to the symbol Saylor used, that the current downturn represents a harsh test preceding a phase that may witness, according to his predictions, a strong return of Bitcoin in the future.
Strategy itself has been significantly affected by the decline of Bitcoin, as the company’s stock dropped by more than 40% during the week, making it 70% lower than its recent peak, breaking through a major support line that had lasted 1021 days since March 2023.
$TRUST $4 $SOL
Michael Saylor, the chairman of Strategy, a company specializing in Bitcoin storage, commented on the sharp collapse currently happening with the cryptocurrency and its drop to below $84,000, urging investors to hold firm in the face of the violent downturn.
Saylor posted an AI-generated image showing him in a harsh snowy environment reminiscent of the North Pole, referring to the cryptocurrency market entering what is known as "Bitcoin Winter," a term used to indicate extended downturn periods, and captioned the image with a single word: "Hold on".
The image also symbolizes the term "Shakedown Cruise," which in the Navy refers to a test voyage for a ship before official operation, while in economics, the term "Shakedown" refers to a testing phase for resilience and endurance before entering the real phase.
This means, according to the symbol Saylor used, that the current downturn represents a harsh test preceding a phase that may witness, according to his predictions, a strong return of Bitcoin in the future.
Strategy itself has been significantly affected by the decline of Bitcoin, as the company’s stock dropped by more than 40% during the week, making it 70% lower than its recent peak, breaking through a major support line that had lasted 1021 days since March 2023.
$TRUST $4 $SOL
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.