Last night Elon caused a breakout. Today the resistance on 8 hr was pierced, but no candles closed below. We're back at the retest level again now.
Saylor will be holding his BTC 101 teaching tele-conf this Mon and Tues to industry finance execs and investment managers, and he indicates there are 2,000 participants signed up. We'll definitely be hearing some chatter and seeing youtube videos about the event this week from multiple sources. Accredited investors in Graystone funds were given a preview by Saylor of the presentation on Wed, and I've been told it was very convincing. I'm not a Graystone investor because I use cold storage for 80% of my coin, so I don't have first-hand knowledge, but if you've seen Saylor's videos, you know he is extremely bright and rational. It's likely he will be generating some interest from CFOs in using BTC to generate income on excess cash on their balance sheets. Who knows if this event moves the market, but it's something to be aware of.
Saylor will be holding his BTC 101 teaching tele-conf this Mon and Tues to industry finance execs and investment managers, and he indicates there are 2,000 participants signed up. We'll definitely be hearing some chatter and seeing youtube videos about the event this week from multiple sources. Accredited investors in Graystone funds were given a preview by Saylor of the presentation on Wed, and I've been told it was very convincing. I'm not a Graystone investor because I use cold storage for 80% of my coin, so I don't have first-hand knowledge, but if you've seen Saylor's videos, you know he is extremely bright and rational. It's likely he will be generating some interest from CFOs in using BTC to generate income on excess cash on their balance sheets. Who knows if this event moves the market, but it's something to be aware of.
Comment:
The current candle ends in 7 hours.
Comment:
Continuing to hold trendline support on the 8 hr chart.