원문 보기
Imagine a scenario where Bitcoin suddenly crashed over the weekend and the price dropped below $80,000. And at that very moment, a person is saying that Bitcoin will bounce. But do n't believe it. Who knows what this is saying? Jim Cramer, CNBC's famous Mad Money host. Now the question is, will Bitcoin really go up again?
Or is it just a trap that will ensnare ordinary traders? And what is behind this, Michael Sellers and his company's strategy, MSTR? In today's video, we will try to understand these step by step. Now let 's get to the main news. This entire news comes from the Trading View platform. And Stocks was used as the source.
The title is a bit scary. Which is Bitcoin Could Bounce on MST Buying But Jim Cramer Warns Don't Trust It Meaning If MST Buys Bitcoin, the price could rise but Jim Cramer says do n't blindly trust it again What is the hint here? On Sunday, Michael Seller, who is the Executive Chairman of Strategy, made a cryptic post on the handle of X.
He wrote, "More Orange." What do we mean by "orange" here? What does "orange" mean in the crypto world? In the crypto world, orange means Bitcoin. I mean, the hint is clear. The strategy could announce a large Bitcoin purchase on Monday. Now Strategy is a company that keeps Bitcoin on its balance sheet.
It's as if the company has its own digital gold vault. This is where Jim Cramer comes in again. He says yes, if MSTR buys Bitcoin, BDC prices could bounce in the short term. But where is the problem? Bitcoin has already fallen below $80,000. Why is this 80 thousand dollars important? Because $8,000 was a key support level.
What is the support level now? Support levels are where prices usually fall and hold. When a support is broken, it is called a bearish signal. Bearish means the price is likely to fall further. Cramer says traders might even consider this a double bottom. What does the double bottom mean again? This means a pattern that goes down twice and then rises again.
So did you understand? But in reality, it could be a but-but. So that traders usually get trapped by making mistakes. Now the next story gets a little more interesting. This Thursday means that Strategy will release its fourth quarter earnings report next Thursday. The expected number being mentioned here means that the expected revenue is around 18 million dollars.
And it's like about 10 million dollars. Gene Cramer says short sellers may be active at this time. What does short seller mean again? That means those who sell it in advance, assuming the price. Here, Cramer says that the defenders will come on TV and tell good stories, but that may not be enough if you short the convertibles.
This means that if you short the convertible bonds, the pressure will increase even more. So did you understand the matter a little? Last Friday, MST stock rose by about 4.55%. But it fell again by 0.27% in overnight trade. What is happening in stock weights? It is estimated that retail sentiment has dropped from neutral to bearish.
Chatter is still high meaning everyone is talking about MSTR becoming the top trending tricker. Someone is writing again that Monday may be Panic Selin's number. Another says that Strategy may announce the liquidation of Capital Seven again by the end of the week. Liquidation means generating cash by selling assets.
Gene Kramer said another sensitive thing. He said that even though Bitcoin sees itself as a currency, it is unreliable in the short term. It means someone who cannot be trusted. He gives an example of gold and silver, when prices suddenly fluctuate so much that investors forget the fundamentals of company earnings.
Interestingly, Cramer himself admits that he owns some Bitcoin. But he didn't say how much there was. He had previously predicted that Bitcoin could hit $82,000 again on Monday. But the question remains, even if there is a bounce, will it be sustainable? If we look at the whole thing together, I hope three things become a little clearer.
What is that? Number one. MSTR's Bitcoin buying could push prices up in the short term. Two, but breaking below 8000 also serves as a serious warning. Number three is Earnings Plus Short Seller Easy Equal To Volatility. This means the market will be quite volatile here. This means that the market is now running on emotion.
Not logically. Do you understand then? Whether you are a trader or an investor. It is very important to understand the risks well before getting caught up in blind hype. So that's all for today's video. If you like the video, please give it a like. Please subscribe to the channel. And tell us in the comments whether you think Bitcoin will bounce or if it's a trap. So see you in the next video.
Comments 0