@sithetrader@scottmelker Not only can it drop lower, but it also caps your upside potential. Project The 5-year returns of MSTR bought at $115, BTC 60k, and STRC 92...you wildly limit your returns by even touching STRC over MSTR and or BTC...like wildly
@scottmelker Buying STRC below par may be a good idea during bull markets, but in bear markets, it is much wiser for MOST investors to allocate capital to MSTR and or BTC. You substantially clip your upside gains by owning STRC over MSTR and BTC. The opportunity cost of owning STRC is v high
@pyosaekyung@SuperBitcoinBro NOpe This is unconfirmed until you get a green weekly close that breaks the intervening price pivot. SO it's by definitions too early to call this bullish divergence because it has not been confirmed
@SuperBitcoinBro@pyosaekyung This is unconfirmed until you get a green weekly close that breaks the intervening price pivot. Too early to call this bullish divergence
@SuperBitcoinBro It was clear there would be a major bounce off the last capitulation candle, so the move from 60-82 was easily predictable. I don't think we get that sort of bounce from this move