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

Would You Buy the Dip as MSTR Falls?
Microstrategy falls as bitcoin retraces. Some say they buy MSTR during every pullback because they are optimistic about its long-term potential. ----------------- Will you buy the dip? At what price? Have you joined the last ride and stay and see the trend? Or will you take profit with already big gains?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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