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Saylor is back—"A good time to add more dots"
BTC just bounced back from below $60k to $63k, and Saylor posted a picture hinting at adding to his position. This guy's average price is $75,701, with a 16% unrealized loss, yet he still dares to buy more.
Two facts are in front of us:
1⃣, $300 million liquidated in 24 hours, 86% of which are long positions—leverage retail traders are wiped out completely
2⃣, Fear & Greed Index at 12, extreme fear—historically, such values are often near bottom phases
But the question is: BTC ETF has been net outflowing $1.7 billion for 13 consecutive days, institutions are fleeing, can Saylor hold on alone? Which side are you on?
A: Saylor is diamond hands, others are fearful while he’s greedy, and this time he’s right
B: Averaging at $75k and still adding—this is not faith, it’s gambling addiction
$BTC