Over the years, I’ve made my feelings about crypto fairly well known (in case I was too subtle, yesterday’s “Bitcoin Blows” post might have tipped you in the right direction). Bitcoin itself has lost over $25,000 since just a few weeks ago (and remember, BTC is the “blue chip”, as compared to all the other scams and crap out there).
In turn, Strategy (MSTR) continues to wither away, with a greater than 50% loss since its peak last November 21st. Go, Michael, Go!
And the right triangle pattern in DFDV has performed absolutely marvelously.
Incidentally, Saylor has gobbled up almost $48 billion on all the 1s and 0s which constitute Bitcoin’s “value“. His average cost is $74,000. Wouldn’t it be delicious if BTC actually sank below this level? I sure think so.
