cryptopigah
3.2K posts

cryptopigah
@cryptopigah
Bearish Fiat all day long / Things don’t sell into demand, they run away from it

#BTC strong weekly support and forming another very bullish candlestick on the weekly timeframe. Last week was a hammer and currently forming an indecision/harami type candlestick which is a common reversal signal. Watching for weekly candle confirmation in 4 hours.










Looks better with more dots.








When I gave this speech in October 2022, Bitcoin traded near $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and $MSTR was ~$24 split-adjusted. Weeks later, after Bitcoin fell below $16,000, our debt exceeded the combined value of our BTC and cash reserves by ~$300 million, and $MSTR fell into the $13 range by year-end. We stayed focused, strengthened the company, and executed our strategy. Since then, Strategy has raised over $60 billion of additional capital and invested it in Bitcoin, adding more than 716,000 BTC. Today, our BTC and USD reserves exceed debt by ~$48 billion. Thank you to everyone who believed, endured, and took the long view.














