MicroStrategy (MSTR) acquired an additional 25,250 bitcoin (BTC) after raising over $1.5 billion in the first quarter, bringing their total holdings to 214,400 BTC valued at around $13.6 billion, according to a report by Canaccord Genuity. The company's strategy involves holding bitcoin, with their total holdings representing nearly 1% of the total circulating supply of 19.7 million tokens. Despite reporting double-digit subscription services revenue growth in the first quarter, MicroStrategy faced a net operating loss of $53.1 million due to a digital asset impairment charge of $191.6 million. Canaccord lowered MicroStrategy's price target to $1,590 from $1,810 while maintaining a buy rating, with the stock falling 2.5% to $1,261 in after-hours trading. The analysts highlighted the appreciation of BTC and potential revaluation of the software business as key factors in determining the new price target. They also emphasized the scarcity value of MicroStrategy's bitcoin holdings, noting that it provides equity investors with exposure to the digital asset. Additionally, Canaccord mentioned the positive setup for bitcoin, citing recent approvals of U.S. BTC spot exchange-traded funds (ETFs) as a contributing factor.
#altcoins #BlackRock #BTC #CryptoWatchMay2024 #BitcoinETFs $BTC

Holy moly what!!! 📉🥶🚨🔻🚩
For the first time ever, IBIT (Blackrock) has sold Bitcoin from their trust, please be careful, be extreme cautious
This could mean a start of huge selling pressure
$BTC $BTC #buythedip #fomc #BlackRockIBIT

Liquidations data
Over the past 24 hours 420 millions dollars have been liquidated 🥶
If you guys have listened to me then I am sure you were aware about it
#fomc #BTC‬ #crash

I knew it, whose of you who has been flowing me also knew about this crash, I have been warning you guys for a while🚨🚩📉🔻
Be careful in the upcoming weeks we haven’t seen a reversal yet

I TOLD YOU, THE MARKET WOULD DUMP 📉🚨‼️

I have been telling you all these times the market would dump but none of you have believed me. Look ay my previous posts, I have mentioned so many times about this indicator being right almost every time, I feel really sorry for whose who got liquidated. Please be careful, the market might dump further.
$BTC $ETH $BNB
#Megadrop #BEARISH📉 #BearishPhase

⚠️🚨 🚩
Hey there! Looks like we've got another wild ride in the crypto market. Unfortunately, it seems like there's still some manipulation going on, and the big players are trying to scare off the smaller investors. Just a heads up - it might be best to wait a bit before making any big moves. The market could be headed for a significant drop soon. Stay informed and stay safe!
⚠️🚨 🚩$BTC $ETH $BNB #Megadrop #BullorBear #bitcoinhalving #bitcoin #BTC

Last year, we made a wise investment in $PHB at a price of 0.7$ and it has already shown remarkable growth of almost 6x. However, we believe that this is just the beginning and expect the next phase to push the price even higher, to around 12$+.

If you were to sell earlier or are looking to take a new position, we recommend buying around 1.5$. This could prove to be a lucrative opportunity for those who are willing to invest for the long-term.

$PHB $BTC #longterm #gem #100xgems!!

This is the Bitcoin quarterly chart. Historically, during the halving period, Bitcoin experiences a price hike. Will history repeat itself this time? It's hard to say for sure, but in the short run, we can expect some volatility that may lead to the liquidation of leveraged positions. However, in the long run, the market is likely to pump up, as large institutions are manipulating the market to buy coins at a cheaper price. ⚠️

I have mentioned this before, but it's worth repeating: leveraged traders should be extremely cautious. However, if you're planning to buy, it's wise to use stop-loss orders, do dollar-cost averaging (DCA), and reduce your average cost.

To my fellow traders, I wish you happy trading. Keep holding strong; better days are ahead of us! 💪🔥#Megadrop #bitcoinhalving #BTC #bitcoin #BullorBear $BTC $ETH $USDC

Another sell off from Grayscale Bitcoin Trust 📉🚨

Grayscale has been continuing to sell its Bitcoin, as we can see from the data over 2000 bitcoins were sold off today by Grayscale, and Black Rock is not buying anymore Bitcoin.
What could be the reason?
Black Rock kept buying Bitcoin all these time, now they have suddenly stoped buying.
They must be cooking something
Be alert 🚨 be careful
#Megadrop #bitcoinhalving #BTC #bitcoin #BullorBear $BTC $ETH $USDC

Brace for Impact 💥⬇️📉

As per my analysis of the ETF overview, it's evident that numerous companies have ceased buying bitcoins lately. If you're familiar with Block Rock, you'd know that they are the biggest asset management company, managing a whopping 10.5 trillion dollars in assets. However, they have almost completely halted buying bitcoins. This leads me to believe that they might know something that we don't.

In my previous analysis, I have presented several indicators that suggest that bitcoin's value is expected to plummet. To add to that, the money invested in the BITCOIN ETF is in negative numbers, which means more money is being withdrawn than invested.

I want to emphasize that this is not financial advice, but simply my objective insights. I am confident in the accuracy of my data and strategies, and I strive to provide the best insights to help you make educated decisions. If you are involved in futures trading, I strongly advise you to be alert and have your stop-loss ready.

Happy trading 💪

#futurestradingtips #FuturesLiquidations #Megadrop #bitcoin #BTC $BTC $USDC $ETH

Another major alert 🚨 ⚠️
Hey there! I've got some fantastic news for you if you're into Bitcoin trading! I've been carefully analyzing the trend indicator and let me tell you, we're in for a wild ride! While the short-term outlook may seem bearish, hold on tight because we've got a win rate of 88% over the last 4 months!

Can you believe that if you had invested just $100, you could have made $180 in profits right away? And that's not even the best part - with 10x leverage, your profits could have soared up to $1800!

I've been testing this method for quite some time now, and let me tell you, it's been working like a charm! But don't worry, I'll keep you updated on any trend reversals, both in the short term (1-hour chart) and long run (1-day chart).

So, what are you waiting for? Follow me, let's take some calculated risks, and make some serious money! Best of luck to everyone out there!

$BTC $ETH $USDC #bitcoinhalving #BTC #bitcoin #Memecoins #BullorBear

I've been testing a signal that helps me decide when to buy and sell Bitcoin. So far, it's been working well for me when I look at the Bitcoin price over a day. However, I've noticed that the signal isn't as reliable when it comes to selling Bitcoin. To be safe, I'm also using some other signals to help me better understand how Bitcoin's price is moving.

$BTC #BullorBear #BTC #bitcoin #bitcoinhalving