Strategy just bought 7,390 BTC right into resistance.
That kind of size doesn’t go unnoticed. Even if it’s OTC, the order gets absorbed. And once it does, the initial buying pressure fades. That’s when short sellers step in.
We’ve seen this many times. And we’re already seeing it now. With the big buy processed, there’s room for shorts to test the market.
This is what you need to know: once they’re in, a sudden strike can catch them off guard. Sooner or later, shorts have to cover. And short covering can lead to quick spikes.
We’ve seen it before, and we’ll see it again.
Don’t be surprised if the market whips back up after this round of selling.
In my opinion, it’s a classic setup for those waiting to long. I’ve marked my levels. Hope you did too ;)
Strategy has acquired 7,390 BTC for ~$764.9 million at ~$103,498 per bitcoin and has achieved BTC Yield of 16.3% YTD 2025. As of 5/18/2025, we hodl 576,230 $BTC acquired for ~$40.18 billion at ~$69,726 per bitcoin. $MSTR $STRK $STRF
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