It's too crazy, MicroStrategy purchased a total of 55,000 bitcoins last week, worth $5.4 billion.
I was wondering why Bitcoin never seems to pull back, and it turns out it's because this giant whale is buying crazily. To be able to increase positions even at 99,000, Wall Street must be very eager, I'm really confused!
However, an interesting phenomenon is that every time MicroStrategy finishes an update, Bitcoin drops slightly.
It seems this bull market is really different, institutions are even crazier than us; the price of Bitcoin by next year might exceed many people's expectations.
Additionally, the WIF that Shu Qin asked everyone to ambush suddenly went crazy, surging 15% to 3.65 in 10 minutes. Altcoins are like this, hard to predict; various fluctuations and pullbacks are inevitable, but once it's altcoin season, they will explode and double.
Now we just need to wait for Bitcoin to consolidate, preferably pulling back to 95,000 and 87,500, to do a deep squat before continuing to rise. This is the kind of trend I consider healthier.
Recently, I plan to ambush a potential coin that is ready to explode; doubling is quite simple, and I am also preparing to find some potential coins to hold until the end of the year, expecting a space of 10 times or more is not a problem. If you want to follow along, see my bamboo leaves, leave a message, follow, and like.