It's too wild. MicroStrategy bought 55,000 bitcoins last week, worth $5.4 billion.
I wondered why Bitcoin couldn't pull back. It turned out that this giant whale was buying like crazy. It could add positions like crazy at 99,000. Wall Street is so eager. I'm really confused!
But the interesting phenomenon is that every time MicroStrategy releases an update, Bitcoin will fall a little.
It seems that this round of bull market is really different. Institutions are crazier than us. The price of Bitcoin may exceed many people's expectations by next year.
In addition, the WIF that Shuqin asked everyone to ambush suddenly went crazy, soaring 15% to 3.65 in 10 minutes. This is how local dogs are. It is difficult to predict. Various shocks and pullbacks are inevitable, but once the cottage season comes, all kinds of explosions will double.
Now we just have to wait for Bitcoin to consolidate. It's best to step back to 95,000 and 87,500, do a squat and then continue to rise. This is a healthier trend in my mind.