Risk-of since last week US CPI and FED rates decision also have an impact on cryptos, with BTC breaking the bear flag, possibly headed lower into wave 5. At the same time I want to see if Nvidia can hold the lows.
Let's take a look at one of my favorite ways to trade bitcoin, especially one of my favorite ways to trade Bitcoin on leverage by using 1x margin somewhere as simple as robin hood. Bitcoin and MSTR are so heavily correlated these days that its rather straight forward of a play to trade MSTR as if it's your Bitcoin vessel. MSTR. is also in a great range to buy...
The bullish case for Microstrategy. I map some important technical levels to pay attention to. Sorry for the time it took to map some lines since Tradingview has this annoying bug and doesn't fully import saved settings of tool-templates.
I wanted to share my fundamental take on a consequence of "mass adoption" among institutions. Bitcoin is being bought on debt financed by a low interest rate world. Trading cryptocurrency no longer means that traders and investors are immune from the wider economy. Unfortunately I think that cryptocurrencies may become influenced by interest rates...