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Bitcoin is aiming at the $ 0.1 million mark: who is driving? What other investment opportunities are there?
Bitcoin has accumulated nearly a fivefold increase over the past two years, and with continuous good news from the cryptocurrency circle, Wall Street generally expects it to reach 200,000 dollars by the end of 2025.
Suffering from Citron's short selling! "Bitcoin shadow stock" microstrategy experienced a terrifying day, closing down more than 16%.
In the crypto world, a day can feel like a decade in reality. From a historical high to a typical 20% technical bear market, microstrategy only took an hour. For a company with a market cap just breaking 100 billion dollars, a drop of over 30% from its historical peak can happen in a single day. Citron Research claims that microstrategy has effectively turned itself into a bitcoin investment fund. Great respect for microstrategy CEO Saylor, but even he must know that MSTR has become overheated.
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