rafalbi

rafalbi Updated 

MSTR shareholder equity other than BTC is about $400mm. They own $3.7B worth of BTC as of today which would be worth $580mm at $5.5k per BTC. Total equity at $5.5k per BTC: $1B. Total debt they raised to buy BTC: $2.2B. Once BTC crashes down to $5.5k their equity will be -$1.2B, should they sell "intelligence" part of the business for $1B equity still would be...

rafalbi Updated 

Update to my previous posts. Bitcoin finished the last impulse of a 11-year bull market in 2021 with a multi-month distribution. Now we are in a mark-down phase in a bear market that has never been seen before. Price is below MA200 W1, MA200 D1, below strong support of ATH 2017. In the beginning of November we have finished a running triangle and impulsive wave...

rafalbi Updated 

Update on my previous posts. Everything is aligned and going according to the plan. Distribution took a little bit more time but it doesn't change the big picture. Nonetheless Bitcoin has already started it's fall down and ~$4k is a matter of few months (2-3 I guess).

rafalbi Updated 

We have a long distribution at the top and then impulse wave down. Now we will correct up to $54k per BTC and then it will crash to about $5k levels by the end of the year.

rafalbi Updated 

Well, we have a textbook Eliott Wave's expanding flat on a weekly timeframe.

rafalbi Updated 

Update on my previous posts, i.e. We'll we got the crash we had been waiting for since 2021. Bitcoin is in the process of crashing down to $10k and it's just a matter of a week or two. Then I expect very swift short squeeze up to $30k, most likely it will be caused by people capitulating from Tether into real coins like BTC. Once we the short squeeze is over...

rafalbi

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rafalbi

Eliott Wave expanding flat pattern.

rafalbi

BTC looks like shit, what can I say. Google up Wyckoff distribution.