MSTRMSTRStrategy Inc Class A
$196.47
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MSTR as institutional BTC vehicle

Bullish+21.19%

AI Summary

The author argues that Wall Street institutions now control BTC pricing through vehicles like MSTR, predicts BTC will reach around 200k in the next cycle as an institutional asset similar to an enhanced Nasdaq, and warns against using leverage on BTC.

MSTR bought 34,164 coins last week, total holdings reached 815,061. Therefore, many people in the crypto circle don't understand that pricing power and the main buying force have long shifted to Wall Street. No matter how bearish you are, it is useless. Of course, the next cycle high won't be very high, estimated around 200,000. Future BTC is not for retail investors to play with, especially not for small crypto retail traders. It is for institutional capital and mainstream US stock capital for long-term asset allocation. In the long run, it is just an enhanced Nasdaq, and volatility will gradually decrease. Repeating once more, don't dislike hearing this: anyone using leverage or BTC contracts, even if you win 99 times, losing once means going to zero. Long-term trading, whether long or short, will surely fail.

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