Lets recap the bear market,
1. Retail destroyed ☑️.
2. Fraudulent exchanges shutdown prior to intuitional bank exchanges opening ☑️.
3. Bitcoin halving next year in 2024 ☑️
4. Bitcoin sitting at an all time time low on the strength index ☑️.
5. Every halving has led to a gigantic blow off top of adoption ☑️.
6. Intuitions have allocated to Bitcoin via MSTR / Miners ☑️.
7. All the kid experts are still short a US stock market that is incredibly undervalued adjusted to the M2 supply ☑️.
8. 5.692 Trillion in money market funds waiting on rate pauses☑️.
9. Bitcoin miners have been granted a pass by the SEC meaning they are clearing Bitcoin for the main stage ☑️.
I'm really not sure what else people want for a perfect entry over the next few years for this asset, on top of that most derivatives are pricing this not happening as retail are selling the contracts still.
P.S Saylor is either going to go down as a man trying to defend his company or he is going to be in the top 10 richest people of the world. Hard enough defending millions try defending billions.
SAYLOR MICHAEL J MICROSTATEGY
2023-02-14 13G/A Citadel Securities GP LLC
2023-02-14 13G SUSQUEHANNA SECURITIES, LLC
2023-02-14 13G JANE STREET GROUP, LLC
2023-02-13 13G/A Capital World Investors
2023-02-13 13G/A Capital International Investors
2023-02-10 13G/A GROUP ONE TRADING, L.P.
2023-02-09 13G/A VANGUARD GROUP INC
2023-02-03 13G/A BlackRock Inc.