JUST IN: Strategy $MSTR is surging, up 12.5% today and 19% from its low last Friday.
The market is responding to Saylor's "Digital Credit Capital Framework." 🔥
Could this be: July Green, August Green, September Green, October Green with late cycle distribution, November chop with late cycle rotations and selective green
BREAKING: $MSTR is up 12.80% and $STRC is up 12.24% today.
The market is reacting to Strategy's new capital framework, which includes up to $1 billion in MSTR buybacks and another $1 billion in Digital Credit Securities buybacks.
Investors appear to be pricing in the expectation that Strategy will actually start buying back both, not just holding the authorization in reserve.
The bigger signal is the STRC dividend rate hike to 12.00%, starting July 1.
That's a big move to push STRC back toward its $100 peg, and the market is treating it as credible enough to rally both securities together.
This is optimism building around active capital management rather than just Bitcoin accumulation, the market is betting Strategy can actually defend STRC's price this time.
@firehustle_net While anything is possible, RSI oversold, massive liquidation of leveraged hands i.e. weak hands over the past week, Clarity Act likely getting passes and signed into law this summer as early as July next month, Alt Coins looking interesting vs BTC.
🚨BREAKING: Sen. Cynthia Lummis says the final CLARITY Act text will be released over the weekend of JULY 4th.
A Senate floor vote is expected in July, putting crypto market structure back on the clock.
Very forced moved here from Bitcoin.
Something like 16 out of 18 15m candles are red.
OI exploding as price drops, with funding sharply declining.
Late shorters gonna get rekt here soon.
🇮🇷 UPDATE: According to Bloomberg analysts, the U.S.-Iran peace agreement suggests the worst of the war-driven inflation has likely passed, and inflation may have already peaked in May.
This chart is actually insane.
Peace deal signed. Stocks ripping. SpaceX still climbing. Bitcoin back above $66K.
But nobody is paying attention to Altcoins. They just printed a massive bullish crossover against BTC.
TradingView: STRONG BUY.
And the CLARITY Act hasn't even passed yet.
Retail is still traumatized.
And yet this chart looks like it's trying to leave the planet.
Everyone is waiting for Bitcoin.
This chart says Alt Season.
BITCOIN / VIX (volatility index)
Scary news + Extreme fear = BUY
every single time.... learn this... When everyone is bearish and the news is scary it's all by design.
They want to buy cheap coins so they convince you it's going lower.. then it goes higher...