$BTC i think we will see 40 Ks level soon ... and worse case 20s ... Microstrategy and Strategy will likely collapse together with BTC price ... Jeff Walton gave the bottom the other day when he said that their business model stops working at -80% from ATH that is roughly at 25K . he claimed that BTC would need to stay there for several years to make them struggle but then he said they would have serious problems. imo they can't survive for long if BTC drops there and mingles for a few months there, and guess what. The market has a savage wise way to shake everyone from the market out who takes on too much risk and grows over confident. 20 k here we come
I’m in no trade except the spot holding I opened at 176 , if seeing clear rejection somewhere at 190- 200-220 might consider closing. But otherwise the plan is to let it ride and eventually let it compound with some strategies. What I’m not so sure about , is whether this will take us to 300 , I see a lot of mixed feelings and analysis 🧐, and well we can never know. For me the bear 🐻 scenario is still quite real but we might see more upside over the weekend , maybe a rejection im looking for is at 200-210
And then down for a lower low and a bullish divergence in the 4h RSI
$SOL the mother of all liquidations just happened. Some took the chance to buy on spot and refill their bags others lost years of work and life savings. A cheer to those who stayed in the careful side and survived , a cry and pray for the friends who didnt make it. Don’t give up. You will recover!
$DENT I’ve been holding this dead bag foe years now… and i think i finally lost hope. Selling at 90% loss only to see it sky rocketing … or what would you do? 🥹