Bitcoin is at 75,700 now, right on Strategy’s cost basis 👇
Strategy’s average buy-in is around 75,700 per coin, and the 50-week moving average is also hovering near 75,700. Put simply, at this price, the world’s largest Bitcoin-hoarding company is just a hair away from profit or loss.
ETFs saw another 412 million flow out on Friday, bringing outflows since the start of November to 1.28 billion. On the leverage side, 1.27 billion was liquidated in a single day on Friday, mostly long positions. Institutions are pulling out while retail investors are holding on, and the price is stuck grinding along this line.
The biggest holder is standing guard at this level. Are you nervous about the coins you’re holding?
$BTC $MSTR
Strategy’s average buy-in is around 75,700 per coin, and the 50-week moving average is also hovering near 75,700. Put simply, at this price, the world’s largest Bitcoin-hoarding company is just a hair away from profit or loss.
ETFs saw another 412 million flow out on Friday, bringing outflows since the start of November to 1.28 billion. On the leverage side, 1.27 billion was liquidated in a single day on Friday, mostly long positions. Institutions are pulling out while retail investors are holding on, and the price is stuck grinding along this line.
The biggest holder is standing guard at this level. Are you nervous about the coins you’re holding?
$BTC $MSTR
