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TL;DR - decline into the death cross is expected and is mostly played out. Historically, post death cross we get a pretty violent bounce which is confluent with bitcoin price action post 25% decline (which we also saw recently).
We’ve most recently had a > 25% decline in bitcoin price from peak to trough. This inspired me to take a closer look at how prior 25% declines have resulted before.
It’s been a minute since I’ve written anything, but want to build on the last few write-ups [1][2] regarding Saylor and MicroStrategy.
Kenny G wins again
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