Pay attention to this part : "Strategy is currently positioned below all key moving averages, indicating a bearish trend. The stock is trading 12.4% below it's 20-day SMA, 16.3% below it's 50-day SMA and a staggering 53.8% below it's 200-day SMA...." Strategy has broken it's 52 week low and it looks to continue the downward dive. The simple support look is $100, which will be adding pressures to their finanical positions post quarterly results announcement in early February. Add to this, Michael Saylor has been using the cash reserves raised from issuing new debts and equities to buy even more Bitcoin. All substantially above current Bitcoin price. Their balance sheet must be looking awful right now. I am a bear on MSTR. Not neccessarily on Bitcoin, but on MSTR. Why ? Because it is a ponzi that can only survive if Botcoin prices are higher than their stated average holding price.
Bitcoin New Low: Is $80,000 Another Gift for Dip Buyers?
Bitcoin fell to a two-month low near $81,000, extending a sharp pullback of over 34% from its October peak. Sentiment has cooled as investors continue to pull money from Bitcoin ETFs, with U.S.-listed products seeing three straight months of net outflows totaling ~$4.8B—the longest streak since launch. The weakness stands in stark contrast to the surge in Gold.
Do sustained ETF outflows signal a deeper shift in institutional appetite for Bitcoin?
After a 30%+ drawdown, is Bitcoin a value opportunity or still too early to catch the dip?
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