Here's a look at last cycle where
MSTR trading under the 50WMA for several weeks led to the
BTC bear market.
The reason why this was so significant last cycle is because they were responsible for such a large share of BTC buy pressure.
This cycle we have lots of other treasury companies, with many more to come, as well as ETFs of course, so I'm not as concerned with this PA.
The reason why this was so significant last cycle is because they were responsible for such a large share of BTC buy pressure.
This cycle we have lots of other treasury companies, with many more to come, as well as ETFs of course, so I'm not as concerned with this PA.
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