Bitcoin bounce likely still incoming.

Marcus_Web3
07-31

$Bitcoin(BTC.USD.HKCC)$ bounce likely still incoming. We need to get through this red box.. if we do close above 71.9k its likely we are going straight into the 80s over the next month or so. If we get rejected, we are probably going down to the green box first then we head into the 80s.

@Freedom_By_40@Freedom_By_40

The top 10 companies holding the most Bitcoin.

$MicroStrategy(MSTR)$ $Marathon Digital Holdings Inc(MARA)$ $Tesla Motors(TSLA)$ $Hut 8 Mining Corp(HUT)$ $Coinbase Global, Inc.(COIN)$

$Galaxy Digital Holdings Ltd.(BRPHF)$ $Block(SQ)$ $Riot Platforms(RIOT)$ $Bitcoin Group SE(BTGGF)$ $CleanSpark, Inc.(CLSK)$ and $MicroStrategy(MSTR)$ worth look at.

Related bitcoin assets: $Coinbase Global, Inc.(COIN)$ $Marathon Digital Holdings Inc(MARA)$ $Block(SQ)$ $Hut 8 Mining Corp(HUT)$ $MicroStrategy(MSTR)$ $CME Bitcoin - main 2405(BTCmain)$ $Invesco Galaxy Bitcoin ETF(BTCO)$ $BIT Mining(BTCM)$ $WisdomTree Bitcoin Fund(BTCW)$ $Grayscale Bitcoin Trust(GBTC)$ $Fidelity Wise Origin Bitcoin Fund(FBTC)$ $iShares Bitcoin Trust(IBIT)$ $ARK 21Shares Bitcoin ETF(ARKB)$

Citron Shorts MSTR: Would You Bottom or Go Short?
MicroStrategy, known as a "major Bitcoin holder," saw its stock price plummet after Citron Research, led by Andrew Left, posted on social platform X announcing a short position against the software company. Citron argued that MicroStrategy has essentially transformed itself into a Bitcoin investment fund. ----------------- Would you consider bottoming them during a pullback? What's your target price for MSTR?
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Comments

  • twiddly
    07-31
    twiddly
    Awesome analysis! Looking forward to that Bitcoin bounce. [Great]
  • fuzzyx
    07-31
    fuzzyx
    Nice analysis! BTC bounce looks promising! [Great]
  • floopi
    07-31
    floopi

    bounce to 70k soon?

  • AuntieAaA
    08-01
    AuntieAaA
    GOOD
  • KSR
    08-01
    KSR
    👍
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