...I delete my tweets. Message is my only goal.
Master Corporate Finance.
Technical analysis.
Bitcoin OG.
Independent offgrid farmer.
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Funny how everyone is bullish this hack.
Refering to start of a bullmarket.
Buy the dip etc
I'm not joining that camp just yet lol.
To heavy crowded.
Alot of trapped longs atm.
I catch the knife when they sell.
Stonks crashed in earnings. Dems winning. ANT dilution.
Aint over
But it can take time, lemmings scare and flee, $Strive might need to do buybacks on behalf of $ASST common being strained by such actions.
Could be a mess.
But that will, with a 100% certainty resolve, because of incentives.
New products needs attacks to become strong.
The meaning of life is a very simple question to answer.
The meaning of life, is to create life.
Because if the creation of life ends, life will end with it.
If life no longer exist, then the word life has no meaning.
The money in this space is very agile & sensitive. Dont need much for lemmings to move.
We all are stuck in a prisoners dilemma.
You need to move before the other guy moves to reap the greatest reward.
So money will ebb&flow on very light information.
The threshold is low. $ASST
Unusual Big day for SATA. ~500+ BTC emitted.
While STRC fades.
So the result is in for me
STRC payouts affect $SATA more than STRC.
This tells med STRC dividends are being reinvested in SATA as I have thought.
STRC will bleed into SATA until they are of equal weight.
$ASST
I think it is naked shorts ANTICIPATING warrant owners will immediately sell.
But what if they dont, and warrant owmers just rather hold and squeeze the shorts.
😅
Bessent latest UST buying that has initiated and rallied Bitcoin was just a pre-taste of what is coming.
Bessent will need to buy trillions.
Bitcoin moon.
All this within a year and it's a fact.
Tick-tock.
...the clarity act got deliberately reject.
Because Rep and pro democrats voted No.
That was weird.
Just maybee something bigger is in the cards. Trump boosting about it all the time.
Maybee we should pay attention.
I just got a feeling SATA going to pump in Bitcoins like STRC once did.
In the thousands per day.
Why not!?
Of course it will!
Markets are not prepaired for it.
Bitcoin screwing around at 80k is so stupid.
The repricing is going to be so brutal.
Few will be able to catch it and the rest will jump out because it went up so fast leaving them later behind.
Only the few will stomach the complete repricing.
500-1 mil.
$ASST CEO aped in at $20.
This tells me he does not expect a low mNAV on ASST (~1-2).
He bought because he believes mNAV on Strive should be AT LEAST north of ~10.
Market are not pricing this in.
mNAV with a frugal ATM, rapid growth should be priced as P/e 30 ( mNAV 30).
$ASST closest target is $32.
A H&S and pivotal resistance gives me $32.
But as long as $SATA keeps printing BTC we will stay in this steep channel up. It will not leave the channel as long as $SATA stays active at par.
( crappy pic, travel, not my computer).
Everytime $SATA opens there is a battle
Traders selling to trade for the day & owners reinvesting their daily yield.
They likely cancel each other and par becomes weirdly stable.
Creates a liquid asset, which is at greatest importance for a pref.
Creates ability to go in n out
#ASST is very thoughtfull and caring about their investors, thats because they themself are heavily invested, but also, the know their investors also buy and own SATA.
You dont want to loose that loyal crowd
What if BTC really is doing a bullflag and a half-way-formation.
That would imply 100k within a week.
Thats what I see.
But I also see a very big open gap on CME Bitcoin Futures at 68.5k
Thats nasty to leave unchecked.
So I dono
Maybee we just continue to chop around 68- 81?
If $ASST take out $27 with confidence we might see some real shortsqueeze.
ALOT of shorts and options has traded the $27 as a ceiling.
They all rely on it.
But SATA printing coins going to kill the whole short trade with vengance.
SATA did 272 BTC yesterday (I love how the gamified this ownership, creates engagement).
If Bitcoin is retracing down a bit today my guess SATA is going to put in a monsterday of new BTC.
Profits will exit BTC/MSTR/ASST into SATA.
So even if BTC goes down a bit, ASST will not
SATA has always a volume surge the last 30 min.
This could imply traders park their cash for the day in SATA.
This is an unique usecase that has enormous potential.
ALL traders now hold an opportunity cost when parking in just $.
This is early, it will grow & become THE go 2
You dont have to fast to create autophagy (clean out dysfunctional cells/potential cancerous).
You just need to exercise 60 min.
High intensity training works aswell.
Lifting heavy weights do to some degree.
So dont fast. Just have a day of intense activity. Hike a mountain
I think ppl are underestimating $MSTR at current price.
$STRC is going to pump Bitcoin like madness very soon.
Market will not anticipate it.
All it need is Bitcoin to go upp just 5%.
$Bitcoin has been 14 days above MA200.
My rule of thumb is 12 days above signals bullmarket.
I would conclude the bear market as over on this metric alone.
Can it dip back below MA200!?
Yes, but it should be brief and used to buy in, if that would happen.
You dont have to worry about $STRC not reaching par.
It will once $Bitcoin rises.
Because investors will then sell and move profits from Bitcoin and $MSTR into $STRC.
So all STRC need, is Bitcoin to start trending up.
Markets will not be ready for this fact.
Cascading effect.
$ASST
Traded at $700 is a good thing.
It creates a focal point for uninformed to look at.
( $700 is although irrelevant, it was another company before merger and 1:20 reversed stock split).
But still, the $700 print in the graph is tantalizing and creates engagement
ASST magnet is likely $27.
Going past that level would be hard because a warrant of $27 is 2 be exercised in oct and grow supply 42%
A warrant gives you the right to buy the new share at $27 from Co.
So nothing gets diluted.
Just more money for the company to buy BTC in a bear
STRC/SATA drop & lose par when BTC goes down.
This is likely not due to any risk off behavior.
It is likely the opposite.
Ppl sell so they can buy cheap BTC.
When BTC goes up again they de-risk and put proceeds back into STRC and SATA.
Fascinating.
This means nothing exits
Bessent lifted Bitcoin because of implied lower yields.
That did not happen, yields are now even higher.
So Bitcoin should be giving back the whole move if this is sustained.
...and actually even print lower.
Because yields are now worse than ever.
I'm not buying Bitcoin until 68.5k CME gap is filled.
I'm going to let Bitcoin run without me if that doesnt happen.
I'm tired of being REKT. 😅
This time I'm taking the piss on Bitcoin.
*BTC hashrate is falling, longest streak ever.
BTC price follows hashrate (yes, not other way around).
Hash has always grown during BTC bearmarkets and price eventually followed.
But not this time.
Miners are exititing and offloading coins.
BTC will bottom when hashrate has.
The entity who picked Bitcoin up, will offload when it feels 2
All technical signals will flash & signal.
But they will mean nothing.
You can try to read in anything.
But ultimately, the exact amount that got scooped up, will be dumped back in.
We can not know when.
But it will
I would not be long markets over FED Funds Rate on 15 sept.
Markets are going to crash.
If we get a Hike, wich I feel is very likely because FED only follows the rate of the USTreasuries and the disparity between the two are now quite big
Markets are NOT pricing in a hike atm
Bitcoin has been an absolute fucker lately. A complete slop.
I aint touching it until it gets a very attractive price.
The risk/reward need to improve ALOT.
The trend and overall price structure demands a frugal approach.
Never buy Bitcoin tresauries at elevated mNAVs, thats when you sell.
The whole bussiness idea is to fleece the premium into the companies treasury.
You are their profit.