Microstrategy Bitcoin Halvening Hype Fades
Everyone is gonna wake up some day and realize that the halving isnt a big deal anymore because it has a marginal impact on daily supply and demand.
The bigger factor now is institutional flows. theyve been on fire for a month or two since ETFs launched, but at some point theyre gonna decide to take profits and plan for retracement.
Look for MSTR to pull back soon to about $900, to form a new support level before rallying to $2,000 later in this year. Cheers to Michael Saylor he really is a courageous visionary.
The bigger factor now is institutional flows. theyve been on fire for a month or two since ETFs launched, but at some point theyre gonna decide to take profits and plan for retracement.
Look for MSTR to pull back soon to about $900, to form a new support level before rallying to $2,000 later in this year. Cheers to Michael Saylor he really is a courageous visionary.
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