Bitcoin has bottomed. This is the monthly chart of Bitcoin with the True Strength Index down below. The TSI bottom on the monthly chart has marked the bottom of the Bitcoin bear market in all three of these cycles. July's TSI: -0.93 August's TSI: -0.93. Unless $BTC sells off in a big way THIS MONTH, I'd argue that the bottom is in.

Bloodbath in $CIFR

$MSTR just printed a Golden Cross. These show up when a stock in freefall begins to show some of the following: Higher lows. Strong pullback buyers. Trend slowly improving. Then one day the 50-day crosses the 200-day and everyone notices. Yes $MSTR is pulling back at the moment, but this pullback will likely be short-lived.

Bitcoin's been drifting lower for two weeks. If bears are really in control, I'd expect more than a 5% pullback. So far they've pushed price under the 21 EMA, but they still haven't taken the 50 MA. As long as $BTC is holding this area, I'm not getting too excited about the downside. Back above the 21 EMA and I think people start talking about the highs again. Lose the 50 MA and my attention shifts lower. Pretty simple.

Another massive Bitcoin purchase for $ASST. The company now holds 36,818 Bitcoin. Despite the selling pressure that we've seen recently, I'm pretty confident this is like owning $MSTR in 2022. When Bitcoin starts to head higher, Strive is going to do fantastic.

Two opposite narratives for Bitcoin. Who is right? @SuperBitcoinBro or @decodejar

Anyone from France care to comment?

Mainstream media: Dozens of young scholars gather in mostly peaceful protest of education.

The sentiment has swung far too bearish. Bitcoin is at the beginning on a multi-year bull market. Position accordingly.

This might be one of the better opportunities to establish a long term position in $ASST and hold it for the next few years. Just weeks ago, Strive traded above 2x mNAV. The stock has pulled back while the company continues adding Bitcoin to its balance sheet. You’re getting more Bitcoin backing your investment at a lower valuation than the market was willing to pay just weeks ago. I already have an established position and added some more on Friday. If I were looking to start one today, I’d be paying close attention to this setup.

You can be the hardest worker in the room and still be the biggest financial idiot in it.

Is $MSTR in a better or worse position financially than it was in June? Has something seriously changed in the thesis outside of MSCI concerns and a sentiment shift with Bitcoin still trading north of $80,000?

$MSTR fell 10% Friday to $136.83 while Bitcoin barely moved at $81.6K. Here’s what the market is worried about. MSCI is considering removing Strategy from its indexes. The final decision comes November 11, with any changes taking effect after the close on November 30. If removed, index funds tracking MSCI would have to sell. Strategy estimates those funds hold roughly 3.1% of its basic shares. That’s real selling pressure, but it’s not the majority of shareholders. And MSCI is only part of the risk if other index providers follow. My take: The market may be pricing in the worst-case scenario before a decision has even been made. Strategy still holds 848,000 BTC. The Bitcoin treasury model hasn’t changed overnight. What’s changed is the company-specific risk premium. November will be important. Watch the MSCI decision, potential spillover to other indexes, and whether Bitcoin can hold $80K to $82K. The thesis is still fully intact.

Bitcoin coiling tight. In a bull market you’d expect a breakout, not breakdown, but time will tell.

Democrat policies are terrible. Imagine running your state so poorly that Elon leaves.

The cheapest World Series ticket in Milwaukee is currently $2,033. For ONE ticket. Standing room only. Look at these prices. 🤯 Would you pay $2,000+ to watch a single game and not even get a seat?

Milwaukee Brewers sweep the LA Dodgers to go to the World Series!

It seems to me that the $MSTR MSCI decision was largely priced in. What are your thoughts on the long-term impacts of this decision on the stock?

The average person will finance a depreciating asset, neglect appreciating assets, then complain that building wealth is impossible.