$MicroStrategy(MSTR)$ The recent fluctuations in Bitcoin's price, which saw it nearing $100,000 before dropping to around $92,000, have raised questions about potential market manipulation, particularly in the context of game theory. Some analysts suggest that such a drop, especially just before Thanksgiving, may have been orchestrated by larger players in the market to trigger panic selling. This strategy could be aimed at shaking out retail investors and creating opportunities for these larger entities to accumulate Bitcoin at lower prices.
Looking ahead, there are two potential scenarios that could unfold. First, Bitcoin might continue its downward trend, dropping to around $85,000, which could exacerbate panic selling among investors, particularly impacting MicroStrategy's stock, driving it down further to approximately $300. This initial dip could lead to increased anxiety and uncertainty among retail investors, potentially prompting them to liquidate their holdings.
However, the second scenario could see Bitcoin rebounding sharply during Thanksgiving, surging back to around $96,000. This resurgence could lead to a significant recovery in MicroStrategy’s stock, pushing it back up to the $440+ level. Such a rebound would likely create a fear of missing out (FOMO) among retail investors, who may rush to enter the market as they witness the price recovery.
Which way to bet on? Either way BTC IS going to 125K by Jan 2025..
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We’ll see each other on the moon!