Imagine this is actually the bottom and BTC goes to $500k
And instead of buying the bottom CT was busy chasing the latest influencer pump and dump
Might work out for some, won't work for the majority
We'd all be better off without these distractions
BREAKING: Following Israel's attack on Lebanon this morning, Iran had canceled negotiations and prepared to attack Israel, per Fars News.
However, after "last-minute concessions" offered by President Trump, Iran was "persuaded to forgo the attack."
These concessions reportedly include:
1. The preservation of Lebanonโs territorial integrity
2. Israelโs withdrawal from the Lebanese border.
3. "The immediate lifting of the siege"
Iran is expected to release an official statement on the peace deal shortly.
Let's start with $BTC. Sorry for the delay.
Letโs do some simple math around $BTC, saylor and $STRC . Total purchased bitcoin so far for $MSTR is 88,568. Total holdings have reached 818,334 with a goal of hitting at least 1m by eoy. The average is around 730 BTC per da. Itโs a rough average and varies slightly..
There are 450 BTC mined per day. So in the same period of purchases 40,500. Strategy is currently on pact to buy 1.6x the supply mined. So one single corporate buyer of BTC has bought more than DOUBLE the btc created in this period.
Obviously, at some point something has to give. In the past year Iโve not taken many BTC trades and have been more focused on stocks. Only trading 85k to 92k. 68k to 76k. However. I think once BTC clears the mid 80โs and holds the chances of seeing new highs are quite high. And thus Iโve made new purchases and plan to hold that for the foreseeable future. Iโll do a little weekly update around this. Any increased buying from ETFโs from here will have an outsized impact imo.
In terms of probabilities, I think the lows are in and we could see BTC trade as high as $180k between this year and next.
The confirmation for that imo is likely holding the mid 80k's short term as the signal for momentum to begin.