Mike (@marketsmikee) 's Twitter Profile
Mike

@marketsmikee

High Phi Trading

ID: 1693303955952975872

calendar_today20-08-2023 16:48:45

890 Tweet

133 Followers

65 Following

Errol Coleman (@errol_coleman) 's Twitter Profile Photo

A failed auction occurs when the market briefly attempts to break out above or below a key level (like a value area) but quickly reverses, signaling a rejection of the attempted move. Here's an example of a failed auction👇

A failed auction occurs when the market briefly attempts to break out above or below a key level (like a value area) but quickly reverses, signaling a rejection of the attempted move.

Here's an example of a failed auction👇
Peter Schiff (@peterschiff) 's Twitter Profile Photo

Michael Saylor is the Egg Man. His latest announcement is that $MSTR will spend another $42 billion to buy #Bitcoin, funded by issuing $21 billion in debt and $21 billion in equity over the next three years. This reminds me of a joke I heard a long time ago. A client calls his

Peter Schiff (@peterschiff) 's Twitter Profile Photo

MSTR borrows money and issues shares to buy more #Bitcoin. As a result, the price of Bitcoin goes up, which causes the price of $MSTR to increase, allowing it to borrow more money and sell more shares to buy even more Bitcoin. Wash, rinse, repeat—what could possibly go wrong?

bob coleman (@profitsplusid) 's Twitter Profile Photo

Bitcoin bros may be too young to remember, but this looks like the Hunt brothers on steroids. That ended in tears and bankruptcy.