$BTC Price Trend Analysis:
Fundamentals:
Recent Potential Benefits:
1. On Monday, MSTR officially joined the Nasdaq 100, and that man continues to increase his holdings. MicroStrategy is now the fourth largest holder of Bitcoin globally, behind Bitcoin's creator Satoshi Nakamoto, BlackRock's Bitcoin trust, and cryptocurrency exchange Binance.
On December 24, MicroStrategy announced that it would hold a special shareholder meeting aimed at accelerating the 21/21 plan (the goal of which is to increase the Bitcoin holdings on the company's balance sheet through continuous purchases of Bitcoin and to benefit from it). The main proposals include: increasing the authorized Class A shares from 330 million to 10.33 billion shares to support future financing; increasing the authorized preferred shares from 5 million to 1 billion shares to expand financing options.
The likelihood of this proposal passing is very high, as Michael Saylor currently holds 46.8% of the voting power. Issuing more shares to buy Bitcoin is a positive for the stock price.
2. Liquidity recovery after Christmas, options bearish sentiment materializes.
3. After the U.S. stock market opens in the evening, watch the trend.
Technical Analysis:
4-hour support 88564-92628U
4-hour RSI index 44.69
Trading Strategy:
Buy the dip, after buying enough BTC, borrow USDT to buy mainstream altcoins / open long positions on bottom altcoins, and ride the wave until Trump officially takes office on January 20, benefiting from the Spring Festival market.