Crypto Support Levels Broke (Patreon)

BTC and SOL fell thru what was support.

FUD storm up to 100 mph

Unfortunately the liquidation levels have reset, longs reentered yesterday including myself on SOL (liquidation price $99). Liquidation levels now down to 57K sh for BTC and $134 for SOL

There is also one hell of a FUD storm surrounding SOL - many fear JUMP Crypto have sold their Crypto. The truth is they have been selling a long time to fund development but more on this later.

I will be adding more at my $131 level as telegraphed yesterday.

RE BITCOIN

MicroStrategy aims to sell up to $2 billion of its class A shares to invest in Bitcoin and for other corporate uses. They will do this fast like normal esp now w BTC price below 60K. I expect this to go thru next week.

PS This is not isolated to SOL and BTC

SOL is fairing better than these names