10x Research recommends a downward bet on Microstrate Bitco Holder, where MST varies

10x searchLed by Markus Thielen, he loves the decline on strategy (MSTR) as the Bitcoin included on the Nasdak Stock Exchange

The price of the holder of the pregnant woman is far from the price of BTC Trending.

In a report sent to customers on Friday, Thielen recommended the spread of the bear on MSTR, including a long position in the PUT option 370 dollars and a short position in the amount of $ 300, both ended on June 27.

This strategy will make the maximum profit if MSTR decreases to $ 300 or less by June 27, which represents a landing bet on the share price. Put Option guarantees the buyer for a low price lower price for a small small payment.

The maximum loss of buyers is limited to PUT Pre -if the MSTR price is in a new upward trend limited to the initial cost of the strategy, which amounted to $ 13.89 on Friday.

However, MSTR fell by 7 % to $ 369 on Friday, according to TradingView data. Microstrategy carries 576,230 BTC, the largest of any company publicly listed, after it has been steadily accumulated since August 2020 through debt financing.

Over the years, it has appeared as a favorite tool for institutions looking to exposure to BTC without having to have a already cryptocurrency.

The stock price has recently diverged from the BTC price in the upward trend, raising the alarm bells on social media encryption.

While BTC reached a digital increase in more than $ 110,000 last week, the MSTR rose to about $ 440, as it was less than its peak at the age of $ 543 reached in November.

“This trade embodies the growing separation between the strength of the bitcoin and the fading microstrate momentum. Although the bitcoin that reaches its highest levels ever, MSTR remains much lower than its peak, indicating that the investor’s enthusiasm is diminished,” he said, explaining the spread of the bear.

Thynin Properly The last BTC height in six numbers.

Note that the similar difference between MSTR and Bitcoin celebrates the design of BTC in November 2021.

The previous data does not guarantee future results, and the recent difference between MSTR and BTC does not necessarily mean that Bitcoin Run has ended.

However, it indicates a decline in enthusiasm around the BTC among Tradfi investors. In addition, Bear Mstr’s spread can provide an argument against a potential weakness in BTC.

“Bitcoin breaks the records, but the strategy stops-and the difference is important. The retail sale is chasing the dream, unaware that the right upward trend may disappear. This is the place where the game changes: when the mediator is running out of the premium, stature and engine codes.”

“The purchase of the spread of a strategy can be a profitable strategy, but it is also an effective hedge against the long bitcoin mode,” Thyin added.