Slope of Hope Blog Posts

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MSTR Trade Plan (by Xerxes)

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These are interesting days we are living in, there is no doubt about it. The TACO trade has come and gone for this week. While I can’t say how the overall market will take this (it’s been saved from a plunge in the current week, but still chopping near important zones), I can say that it had little impact on my bearish outlook for BTC and MSTR. There is not too much new information on the fundamentals of my trade (BTC weak, MSTR weaker), I wanted to provide my trade plan on how I am approaching this since I am jumping back in short after getting shaken out.

BTC Daily.
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