@Samxxy1234 that amount is tiny compared to the company's total holdings. Reports indicate the sale was primarily to help meet preferred-share dividend obligations rather than because the broader Bitcoin strategy was unprofitable.
BTC is likely to chop between $75K-$90K through June-July unless a macro catalyst breaks the range decisively in either direction. Not a trending market right now โ it's a news-driven one.
#Btc
BTC holds above $79,500 while the S&P drops. (CoinDesk) XRP ETFs saw their strongest inflows since January. (CoinDesk)
Institutional money keeps flowing in during macro fear.
That's not retail behavior. Someone knows something.
5/
Set your target and stop loss before you enter. Not after. The moment you are watching green turn red in a live trade, your brain will betray you. Emotions only benefit the other side of your trade.
#Crypto#CryptoTrading#TradingMindset#DYOR
๐งต 5 Pitfalls To Avoid Before Buying Any Crypto [THREAD]
1/
Influencers get paid to shill. By the time a coin is trending, early holders are already looking for an exit and you are it. Research before you buy or fund someone else's retirement.
#Crypto#CryptoTips#DYOR#Web3
4/
Run every new token through Token Sniffer or DEXTools before sending a dollar. Honeypot coins let you buy freely but block you from selling. Two minutes of checking beats every price prediction out there.
#Crypto#CryptoSecurity#Web3#Memecoin
XRP briefly tested $1.50 โ a level that's killed multiple rallies since February. SOL is bumping against $97 again. Both keep getting rejected. (CoinDesk)
#Crypto
Bitcoin (~$80-82K)
BTC is in recovery mode after a brutal Q1 that wiped $900B off the total market cap โ a 20.4% drawdown. Total market cap is back around $2.81T, still well below January's $3.01T.
#Btc#crypto