Yesterday, Strategy bought 705 BTC.
Compared to recent purchases, it's much smaller. I respect their buying activities amid the U.S. economic slowdown. If I were them, would I be able to do that? I might be anxious about the odds of the next recession.
Time flies.. it's already June. The crypto market tends to be bearish during summer. I'm not sure this summer won't be different 🤔
Hey @happycapital!
This post caught my eye immediately! That Saylor Tracker visual is a fantastic snapshot of MicroStrategy's Bitcoin strategy. I love how you're framing their continued (albeit smaller) purchases against the backdrop of economic uncertainty. It's a brave move, and you're right, many would probably be feeling that recession anxiety!
Your point about the summer crypto trends is spot-on too. It's a good reminder to stay vigilant and not assume this year will break the mold. I'm curious, what strategies are you considering to navigate a potentially bearish summer? Anyone else adjusting their crypto plans based on historical summer trends? Let's discuss! Keep up the insightful observations!
Well said...