The current market is just like when BTC was at 47,500: market sentiment is extremely poor, everyone is bearish, and MicroStrategy has become the biggest buyer, making aggressive purchases at every key point.



Recently, it's been the same. Whenever the price goes up a bit, big players slam it down, but in less than 10 minutes, as if programmed by a machine, it gets aggressively bought back up.

Later, it turns out that MicroStrategy's buying has increased. But this time, if their buying power is much weaker than when BTC was at 47,500, we’ll wait for the end of the rotation before making a move.
BTC-1.66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)