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Event ends: August 9, 16:00 UTC
More details: https://www
Many people say that this dip is due to reasons like outperforming the US Non-farm Payrolls (NFP), but I think it's more than that. From the perspective of the crypto world, the previously strong MicroStrategy has recently performed like garbage altcoins in the US stock market, crashing right after launch. This is very unfavourable information for future financing, and whether there will even be future financing is a question. Success or failure hinges on MicroStrategy!
$BTC has pulled back nearly ten points; I opened another layer of position to bet on a rebound.