BITPRISMIA
MicroStrategy slumped over the last trading day after disclosing its latest Bitcoin purchase, with some market observers raising concern over leverage.
Crypto commentators say there is “not much alpha in chasing alts” right now, but are eyeing the possibility of Bitcoin retesting $99,000.
A crypto venture capitalist warns that “once momentum tips,” market participants could be in for a surprise and there will be “some murder wicks” on the charts.