Michael Saylor: Discussing Bitcoin, Digital Capital, and the Future of Finance at ParaFi Investor Day
There are three common ways to interpret moves by major investors:
① Allocation: investing over the course of a year, with little attention to intraday price swings;
② Rebalancing: adjusting positions, which doesn’t necessarily indicate a bullish outlook;
③ Trading: short-term moves, getting in and out quickly.
This looks more like the first type, providing support for the price rather than pushing it higher.
$BTC currently at 81501.3, down 0.23% over 24 hours. The same news can trigger very different reactions depending on where it appears.
#BTC
Not a recommendation. Make your own decisions.
There are three common ways to interpret moves by major investors:
① Allocation: investing over the course of a year, with little attention to intraday price swings;
② Rebalancing: adjusting positions, which doesn’t necessarily indicate a bullish outlook;
③ Trading: short-term moves, getting in and out quickly.
This looks more like the first type, providing support for the price rather than pushing it higher.
$BTC currently at 81501.3, down 0.23% over 24 hours. The same news can trigger very different reactions depending on where it appears.
#BTC
Not a recommendation. Make your own decisions.