And lost most everything in the dotcom bubble pop. So you are saying if it happened once, it can happen again?
Bitcoin and MSTR price correlation
- Thread starter johnarb
- Start date
And lost most everything in the dotcom bubble pop. So you are saying if it happened once, it can happen again?
And lost most everything in the dotcom bubble pop. So you are saying if it happened once, it can happen again?
It is not impossible
Fortune Favours the Brave - Matt Damon
I would like to think this is only temporary, that BTC is also downtrending and soon it will regain to a new high. I'm adding MSTR to my portfolio while it's low.
From the YTD chart above, BTC led the trend above MSTR from mid March to early June when BTC dropped significantly, providing the opportunity for a significant increase (from 2.5 million to over 5 million trades) in buy orders and taking MSTR above BTC from early June to the start of October when cryptos surged and BTC became the rabbit again.
Today MSTR's volume is around 4 million trades, close to its March volume. Share price peaked around 800 then, and 860 now.
I think BTC will need to break 75K for MSTR to break 900. Grab the popcorn!
$85 per option (cost-basis is ~$100) x5
Where is the demand going to come from?The supply of btc on the exchanges keep going down and is geared for a supply shock
Everywhere!
That being the case you'd better get in now before it's too late.
That being the case you'd better get in now before it's too late.
Ye' of little faith
I'm already long 20 spot btc's. I bought some at $29K and bought more at $46KBtc will go to $80K+ in the next few weeks, imho, and you'll be thinking to yourself why you did not buy any