MRTC and Bitcoin. The crash is turning into an avalanche. MRTC is registering continous 52-week low in it's share price.  Bitcoin is not doing any better. Trading at $72k right now with a low of $71k earlier. It looks to be going below $70k by end of the week. When this happens, MRTC is in serious trouble. Their base average price of their Bitcoin holding is $76k. And even with the low Bitcoin price, the MRTC share price trading without any premium. In fact, it is way below their asset value. Deeply underwater.  Very soon, if not already, Michael Saylor will have to raid their cash reserves stored for dividend payment, or start selling Bitcoin in the treasury.  Both of which are disastrous.

$Strategy(MSTR)$   Spiraling down to nothingness. Last night's action looks to be like last grasp, and only success was delaying the invitable.  Look at Bitcoin prices now. $73k and still under pressure.  How long can MSTR hold before they have to start selling their Bitcoin? And if they do, it will do two things. 1) Press Bitcoin prices down even more. 2) Show a loss for MSTR as their average cost is $76k. Not the best of dayd for MSTR and Michael Saylor.

$Strategy(MSTR)$  Today is where you keep shorting and covering. Bitcoin is be coming buttcoin and Michael Saylor is starring at his strategy turning into a tragedy.  Ponzi's only work if you can sucker new money in. With Bitcoin collapsing, no fool will want to add money to this. Game over.

MRTC Collapsing MRTC is hitting new 52 weeks low.  Bitcoin price is now trading below MRTC's average cost price. What is worst is MRTC share prices are trading below it's holding value. Meaning there is no premium to the value of the shares over it's asset. Peter Schiff must now be going "I told you so". 

Peter Brandt. Peter Schiff. It seems that all  the Peters don't like Bitcoin. Haha. But I have always felt that what they had been saying was worth listening to. Bitcoin (and all Cryptocurrencies) are driven by sentiments. Greed in particular. When the feeling turns and fear replaces greed, the bottom is hard to call. So Peter Brandt says $58k is in sight. Barely 3 months ago, he would have been ridiculed as a fool. Now, the same people are calling him a prophet. As for the other Peter. He is a champion of Silver. So silver took a major plunge last Friday. And one could also say that Peter Schiff is also a fool for calling for silver.  But in context you have to note that silver had recently ran up from $30 to $105. So for silver to correct in a bear market to $75 should not

Crypoto Meltdown Continues. Bitcoin, Etherium are heading down over the weekend.  Bitcoin is testing the $80k level, which is the 100-day moving average. If this cannot hold, the 200-day average become the support level. That is $50k! And it will be a big disaster for holders.  But the one facing a greater risk is MSTR as it's Bitcoin average price is above $74 k. How to explain it when you have been issuing shares and dividend paying derivatives of 11%? Where is the money going to come from? Issue of more shares? Borrow more cash? High risk for MSTR holders. Very high risk.