If you're still assuming big buyers always buy the breakout, stop now.
Chasing green candles is how traders turn a good thesis into a bad entry. $BTC just ripped by about $16,000 in a week, and anyone buying late is now asking the same painful question: did I just become exit liquidity?
Strategy did the opposite of what many expected. Between August 17 and August 23, while $BTC was surging, they bought zero Bitcoin. Not one.
Instead, they raised $2 billion through $MSTR share sales and pushed it into fiat reserves and USD cash, lifting total dollar liquidity to $6.69 billion. One side says this is smart discipline: wait for a better entry, keep dry powder, avoid buying into euphoria. The other side says sitting out during strength risks missing the next leg higher.
I lean toward the first view. In crypto, patience looks stupid until the market gives you the pullback everyone said would never come. Would you rather follow momentum here, or hold cash and wait like Strategy?
#Bitcoin #CryptoTrading #BTC
Chasing green candles is how traders turn a good thesis into a bad entry. $BTC just ripped by about $16,000 in a week, and anyone buying late is now asking the same painful question: did I just become exit liquidity?
Strategy did the opposite of what many expected. Between August 17 and August 23, while $BTC was surging, they bought zero Bitcoin. Not one.
Instead, they raised $2 billion through $MSTR share sales and pushed it into fiat reserves and USD cash, lifting total dollar liquidity to $6.69 billion. One side says this is smart discipline: wait for a better entry, keep dry powder, avoid buying into euphoria. The other side says sitting out during strength risks missing the next leg higher.
I lean toward the first view. In crypto, patience looks stupid until the market gives you the pullback everyone said would never come. Would you rather follow momentum here, or hold cash and wait like Strategy?
#Bitcoin #CryptoTrading #BTC
