Michael Saylor has spent nearly $50 billion over the last 5 years buying Bitcoin, and now he’s sitting underwater.
Adjusted for inflation, he’s down around $10 billion.
The bigger issue is that a large part of these BTC purchases were made using borrowed money and that debt has to be paid back. This is where things can get very messy, very fast.
I talked about this more than a month ago and warned about the risks. People like this create centralization, which goes against Bitcoin’s original purpose.
When leverage and concentration build up too much, the system becomes fragile.
I’ll keep you updated over the next few months.
And when I start buying Bitcoin again, I’ll say it here publicly.
A lot of people are going to regret ignoring these warnings.
XEC is breaking out at $0.000007. Volume is steady.
Here is my trade plan. Entry $0.000006 to $0.000007. Target $0.000008 and $0.000008. Stop loss $0.000006.
Price bounced from $0.000006. MA7 is above MA25 so trend is bullish. If it breaks $0.000008 next target is $0.000008. If rejects might go back to $0.000006 support.
What is your plan for XEC? Let me know in comments.
BROCCOLI714 is breaking out at $0.0148. Volume is steady.
Here is my trade plan. Entry $0.0127 to $0.0147. Target $0.0160 and $0.0169. Stop loss $0.0117.
Price bounced from $0.0122. MA7 is above MA25 so trend is bullish. If it breaks $0.0156 next target is $0.0169. If rejects might go back to $0.0127 support.
What is your plan for BROCCOLI714? Let me know in comments.
$40 million worth of Bitcoin stolen after 500 'Coldcard' hardware wallets were hacked.
In simple terms, this means that someone found a way to compromise the security of Coldcard wallets a hardware wallet that is considered one of the most secure options in the crypto world and drained funds from approximately 500 different users. I don't know if you know, but Coldcard has been the gold standard for Bitcoin cold storage for years. It's an air-gapped device, meaning it never connects to the internet directly. The fact that 500 of them were compromised is extremely concerning for the entire security community. Hardware wallets are supposed to be the safest way to store crypto. When even the "most secure" option gets hacked, it shakes the foundation of self-custody. This isn't just about $40 million it's about trust in the entire cold storage ecosystem. Bangladesh doesn't have much crypto infrastructure anyway, so most people here aren't using hardware wallets. But for those who are holding crypto on exchanges or hot wallets, this should be a wake-up call. Security is not a product, it's a process. Even the best tools can fail. Whatever you say, but this incident will probably make people more paranoid about hardware wallets. And honestly, a little paranoia in crypto is not a bad thing. #bitcoin #Coldcard #CryptoSecurity #HardwareWallet
AXTIB is breaking out at $61.94. Volume is steady.
Here is my trade plan. Entry $43.79 to $61.63. Target $64.08 and $67.85. Stop loss $37.68.
Price bounced from $39.25. MA7 is above MA25 so trend is bullish. If it breaks $62.82 next target is $67.85. If rejects might go back to $43.79 support.
What is your plan for AXTIB? Let me know in comments.
Here is my trade plan. Entry $174.94 to $225.51. Target $234.82 and $248.64. Stop loss $155.54.
Price bounced from $162.02. MA7 is above MA25 so trend is bullish. If it breaks $230.22 next target is $248.64. If rejects might go back to $174.94 support.
What is your plan for BEB? Let me know in comments.
KORUB is breaking out at $18.01. Volume is steady.
Here is my trade plan. Entry $12.82 to $17.92. Target $18.50 and $19.59. Stop loss $11.06.
Price bounced from $11.52. MA7 is above MA25 so trend is bullish. If it breaks $18.14 next target is $19.59. If rejects might go back to $12.82 support.
What is your plan for KORUB? Let me know in comments.
MVLLB is breaking out at $22.84. Volume is steady.
Here is my trade plan. Entry $16.62 to $22.73. Target $23.62 and $25.01. Stop loss $14.46.
Price bounced from $15.06. MA7 is above MA25 so trend is bullish. If it breaks $23.16 next target is $25.01. If rejects might go back to $16.62 support.
What is your plan for MVLLB? Let me know in comments.
Here is my trade plan. Entry $20.66 to $29.65. Target $30.88 and $32.69. Stop loss $17.64.
Price bounced from $18.38. MA7 is above MA25 so trend is bullish. If it breaks $30.27 next target is $32.69. If rejects might go back to $20.66 support.
What is your plan for MUUB? Let me know in comments.
Dumped from $16 to $6.21. Bounced +40% in 24 hours.
Currently sitting at $9.84, breaking above the 1H MA7 and MA25. This is exactly how bottom reversals look. Clean moves, high volume. Are you chasing this pump or waiting for a pullback to $8.50?
ROBO is breaking out at $0.0123. Volume is steady.
Here is my trade plan. Entry $0.0107 to $0.0122. Target $0.0127 and $0.0134. Stop loss $0.009946.
Price bounced from $0.0104. MA7 is above MA25 so trend is bullish. If it breaks $0.0124 next target is $0.0134. If rejects might go back to $0.0107 support.
What is your plan for ROBO? Let me know in comments.
Here is my trade plan. Entry $0.1749 to $0.2040. Target $0.2153 and $0.2296. Stop loss $0.1607.
Price bounced from $0.1674. MA7 is above MA25 so trend is bullish. If it breaks $0.2112 next target is $0.2296. If rejects might go back to $0.1749 support.
What is your plan for MMT? Let me know in comments.
Here is my trade plan. Entry $0.4179 to $0.4680. Target $0.5423 and $0.5742. Stop loss $0.3886.
Price bounced from $0.4048. MA7 is above MA25 so trend is bullish. If it breaks $0.5317 next target is $0.5742. If rejects might go back to $0.4179 support.
What is your plan for RE? Let me know in comments.
ROBO is breaking out at $0.0124. Volume is steady.
Here is my trade plan. Entry $0.0108 to $0.0123. Target $0.0127 and $0.0134. Stop loss $0.009946.
Price bounced from $0.0104. MA7 is above MA25 so trend is bullish. If it breaks $0.0124 next target is $0.0134. If rejects might go back to $0.0108 support.
What is your plan for ROBO? Let me know in comments.
COTI is breaking out at $0.0182. Volume is steady.
Here is my trade plan. Entry $0.0131 to $0.0181. Target $0.0214 and $0.0227. Stop loss $0.0113.
Price bounced from $0.0118. MA7 is above MA25 so trend is bullish. If it breaks $0.0210 next target is $0.0227. If rejects might go back to $0.0131 support.
What is your plan for COTI? Let me know in comments.
What does this mean for the market? Volatility expected across key pairs as traders absorb this narrative. Watch key support/resistance levels closely before jumping in!
Are you bullish or bearish on this news? Drop your thoughts in the comments! 👇