
Off Chain 6/29/23: Bearish NFTs; Bullish BTC
The Decrypting Crypto Podcast
00:00
Bitcoin's 28k Purchase Price Is a Good Buy
The average buy price across MicroStrategy's entire 150,000 on BTC is now sub 30k. The downside for MicroStrategy is that they can't just really start off loading BTC and they never do. And with more liquidity coming into the market, I would also expect probably that to be a knock on effect, maybe a lag into ETH. If we're really, really lucky, we may see some altcoins flourish, who knows about that one. But it's a good time.
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