$MSTR - STRATEGY'S BITCOIN U-TURN:WSJ
For years, Michael Saylor urged investors to never sell bitcoin—famously saying, “Sell a kidney if you must, but keep the bitcoin.” Now, his company, Strategy, is preparing to sell part of its bitcoin holdings to remain solvent. The irony is hard to miss: Saylor still appears to have both kidneys.
@trader_oy well its at previous ath resistance soo unless nobody sells to take profit and the counter parties keep adding to shorts then ofcourse it goes to target without a retest.
there’s no right or wrong trade in crypto, its just who gets fucked worse in either direction first🙈
$HYPE update:
37.7 bid missed by $0.4😆
Updated re-entry to 49.89-45.43 region. Targeting 72-79 extended golden pocket.
Invalid only if 34 lost on daily.
$BTC Dominance:
The reason why I am not buying any eth or alt coins (except hype) is because dominance will lead next BTC rally again once market bottoms.
When that happens, alts are going to get the gawk gawk 4000 sucked out of them.
$BTC update:
Moving stops to breakeven on the long.
78.2k needs to be reclaimed on 1D to continue higher otherwise it will fall to 4D AUC (bids placed there).
$HYPE
Drawing following nicely, based on drawing-time pattern should hit target by first week of May.
Current Notional: 200,000
uPNL: +$3M (rPNL: +$2.5M)
My 32-30 retest missed after closing half of the position, 40-38 is my next area of interest if given again.