@BitcoinAlphaX This tweet won't age well. $60k is NOT the bottom.
Another moonboy HOAX for more retail exit liquidity. We are STILL in a confirmed bear market. -NFA as always
@LintonWorm What will you say when SpaceX IPO drops next week???
TA is not hard and it is STILL a bad day to short.
Keep the fear porn going through. Eventually you'll be "right." LOL
@ConstantineA14@GrantCardone Thanks! TA (technical analysis) is self taught.
As you embark the journey... evolve, tweak, and remove what doesn't work.
Eventually you do find what does work. That'll be your edge.
We'll need to wait for new information and data before a "Top" is known. The cycle low play is still in-flight.
The 4 year cycle is NOT dead. IDK why people listen or believe otherwise. EVERYTHING cycles.
As for $250k next cycle... it is possible, yes. (As of today extensions could take us to a top of $165k to $225k. But we are a LOOOAONG way from a CHoCH before predictions can be made.) -NFA as always
Your math is off...
The coupon rate is still 11.50%. You are looking at market yield because the stock is trading at a discount.
The official rules adjust monthly based on a 5-day VWAP. Itβs 25 bps if it's under $99, but since $STRC is below $95 right now, a 50 bps penalty is actually on the table this month.
They have an $871M cash cushion to survive longer than you think, but Saylor definitely needs a Bitcoin miracle to stop this dividend ladder!
@TedPillows TACO tweets will come soon enough... for the 75th time in 4 months...
We are SOOOO close to a deal... they are begging us (Meanwhile "peace" strikes and "self-defense" strikes continue)
Total shit show
His worst nightmare unfolding in real time... At some point reality and math prevail...
$64B invested. And a growing negative balance... Not a good look.
To be fair though...Bitcoin was a SELL long before Saylor sold 32 BTC. However, just like layoffs, this won't be his only round of sells.
Interesting times ahead for Saylor and Bitcoin.
Can you imagine tweeting everyday that a deal was near for 4 months....and you still haven't delivered one?
What a TOTAL shit show and joke!
At some point people will tune Trump out and no longer believe a word he says... and when they do that .... the market catchup to what Bitcoin is doing will be EPIC and scary.
While it is STILL a bad day to short (zero signs we have clear change of direction)
It is still a tick, tick, tick before $SPY $QQQ and $IWM join $BTC. That parabolic extension above the 200D is waiting to snap back... what will be the catalyst???
Ash - the SELL was already in long before Saylor sold.
The 4 year cycle is still real. $60k was never the bottom for the cycle.
That said, you think this drop was bad... all crypto bros, moonboys and the "experts" will lose their proverbial shit when BTC is $40k or much lower. (I'm still calling $13k to $25k as the low)
Every cycle experiences this. This time will be no different. Never be a permabull or a permabear.