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I have been in crypto long enough to know how this news of MSTR going to sell Bitcoin will play out.

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by COINS NEWS 15 Views

So MSTR has pretty much been the only and the very last institutional buyer of BTC. At a certain point their buys did not pump the price anymore, they just sustained it. Now the party is almost over and the music about to stop. Most here believe that. So obviously when the news comes out that MSRT is saying they are preparing to sell up to a billion dollars worth of Bitcoin, after the price crashed on them just selling 32 BTC.

Well obviously, EVERYBODY here and their grandmothers are expecting the price to crash.

And what do people who think they are smarter than everybody else do when they are a 100% convinced the price of Bitcoin will go down? They open a short on Bitcoin, or gamble on polymarket that the price will go down.

It's free money right? Borrow some Bitcoin now, sell em quickly, then when MSTR crashes the price buy back the Bitcoin you borrowed and give em back, the price difference is pure profit.

Now currently these shorts are not yet in. Give it a week or so, maybe 2. Price will prob slip a bit to 55K or so.

Then when the shorst start piling in .... BOOM massive 11% pump in a single day! 11% is enough to liquidate everybody that used 10x leverage. When that happens their colletoral is used to buy the Bitcoin they borrowed back which pushed up the price even more. Now it's 22% up, now everybody that shorted with 5x leverage gets liquidated. Their colletoral is used to buy the Bitcoin they borrowed and sell back, to give it back. This pushes the price up even more. BTC is up 30% in 20 hours. And some bot actually posted a 67 meme.

Now all posts on r bitcoin and r cryptocurrency are about people who bough the dip and are making fun of the doubters. All the bots asking the people "Did you buy the dip?"

Some people are saying: Haha, I was right to hold. Now BTC is going straight to 200K by Christmas.

FOMO kicks in again. Retail is buying again because Christmas is coming!

And then MSTR sells their first batch of Bitcoin and we go straight to 45K. Now the posts on r/cryptocurrency are about how this was soooo predictable everybody knew it was going to happen (but today I will catch a million downvotes)

And when somebody thinks he is smarter than everybody else once, he will think it again. So this scenario will probably play out 2 or 3 more times ... before Christmas and BTC at 33k.

submitted by /u/MelangeBot
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