So it looks like Microstrategy is doubling down and used a bond sale to get another $650M in Bitcoin.
This was after Citibank downgraded it to a sell from a hold.
But the same analyst who did that was the one who said that BTC could read $301,000.
Last week Microstrategy shares crashed: https://seekingalpha.com/news/3642471-microstrategy-shares-slide-5_5-after-citi-downgrade-on-disproportionate-bitcoin-focus
So maybe this was someone buying Microstategy then shorting it?
Also, Whale took profit around 20,000, but Wall Street is still buying. Are they waiting for a good entry point? Has the buyback begun and this is just some huge swing trade that will lead to 20K?:
If I were gambling, I'd long BTC. But this is not financial advise and I'm not a financial advisor. And I don't trade really.
You never know what Whales are doing, they are manipulating is the only thing you can know for sure... in my opinion.
