Monday Sep 09, 2024
$100,000 Bitcoin by February 2025 and Bitcoin Just Bottomed ($52,500) | Chapter 5
Microstrategy and Bitcoin had a very weak Friday with Bitcoin falling to $52,500. Even though September continues to be a bearish month, both MSTR and Bitcoin had a strong rebound on Monday as Bitcoin looks to post a bullish Q4 and Q1 with October and February being Bitcoin's best months of the year. Saylor also went on Squawk box to talk about Bitcoin, and how MSTR is the best performing large cap equity in the US over the last 4 years.
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Timestamps:
0:00 MSTR Market Update
1:14 Bitcoin's Seasonality
4:23 4 Bullish Charts
6:05 Saylor on CNBC Squawk Box
10:20 American HODL's reaction to Saylor on CNBC
Disclosure: Matt is long MSTR stock and derivatives; not investment advice. $MSTR $BTC
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