Michael Saylor is diluting shares and unwinding, creating FUD and downside pressure on MicroStrategy; he entered a 2X inverse ETF (MSTZ) at $12 with a target of $20 expecting further declines, while guarding against a Bitcoin bounce.
Bitcoin is closer to the bottom than the top, looking constructive over recent weeks; investors should get exposure at these levels. While not calling an exact bottom, if BTC can hold $65k and a pullback holds $63-64k, that would be a positive sign. Long-term bullish as a Bitcoin maxi, with Bitcoin remaining sensitive to broader liquidity improvements.
Michael Saylor is diluting shares and unwinding, creating FUD and downside pressure on MicroStrategy; he entered a 2X inverse ETF (MSTZ) at $12 with a target of $20 expecting further declines, while guarding against a Bitcoin bounce.