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🚨 The market is currently pricing in the sentiment that $BTC could go below 58K.
Impossible? No.
Spot buying is almost nonexistent, and the price is largely held up by futures long positions.
Eyes are again on $MSTR and Michael @saylor.
Saylor is issuing bonds again and continuing to accumulate $BTC . If the financial pressure on Strategy increases and the company is forced to sell at some point, we could see a very severe domino effect in the market.
I don't want to spread fear, but the biggest systemic risk in the market right now is exactly this.
Do you think the real danger is $MSTR , or is the market exaggerating this? 👀
#BTC #Bitcoin #Crypto #MSTR #Trading