Jamie
Jamie
BTC+0.29%
Apologies if already seen this but important to share again. “Flush outs” or “capitulation” events are very often marked by larger than average volume days which is what we saw yesterday. Might be too early to call but that could have been the signal for the local bottom. Remember current mNAV is still ~5x which remains highly accretive via the ATM like facility and/or a bookbuild. Thanks again @levyuk for putting this extremely useful volume data together, it has huge value for everyone.
Brian Brookshire (Bitcoin Overflow)
Brian Brookshire (Bitcoin Overflow)
High volume red day. Wouldn't take it to the bank, but possible local bottom for $SWC. Either way, I think the broader correction in BTCTCs is nearing its conclusion. BTC and $MSTR shine for a bit, then rotation comes for next leg up.
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