Michael Saylor has been making people get crazy 🤯 over the past couple of years with his Bitcoin purchases. 🟠💰
Today, I stumbled upon a website 🖥️ that compiles all his transactions, detailing:
- The amounts he spent. 💸
- The prices he paid per Bitcoin. 📊
First off, it’s wild that a software company is buying Bitcoin 🟠 to attract investors and artificially inflate the $MSTR stock price. 💹 (We all know what’s likely to happen to their stock during a bear market... 📉)
But that’s not our focus here.
Our goal? To outperform Saylor and make better Bitcoin purchases than he has. 💡
Quick Statistics
📊 Saylor has been buying Bitcoin since 2020, and his average purchase price currently sits at a whopping $62,000. 😮
Yes, $62,000. Meanwhile, Bitcoin dipped below $60,000 just three months ago. 📉
The reality? Saylor would have performed far better if he had followed the Cycle strategy. 🚀
Here’s how his chart would look if he had only bought during 1-week cycle lows since 2021: 📈
If he had stuck to buying at 1-week cycle lows, these would have been his purchases:
💸 $35,746
💸 $47,094
💸 $29,232
💸 $20,615
💸 $17,252
💸 $27,375
💸 $25,894
💸 $42,188
💸 $63,940
💸 $55,246
With an average price of $36,458!
That’s right—if he had simply followed the 1-week cycle lows, he could have saved investors billions 💰 and bought Bitcoin for ~40% less. 🟠
Had he been even smarter and sold at the 1-week cycle tops, his profits would have been astronomical. 🚀 But alas… (he didn’t). 😅
Follow the Cycles
It’s not hard to follow cycles.
I’ve even created a simple indicator on TradingView 📈 that signals when to buy (green) ✅ and sell (red) ❌ based on cycle lows and highs.
Want access? Invite two friends to this newsletter and reply to this email with your TradingView username. I’ll grant you access within 24 hours.
The Most Probable Scenario for Bitcoin
Bitcoin appears to be at a 60-day cycle low, which presents a fantastic buying opportunity! 💡 However, I don’t recommend holding past the 3-day cycle high. The 2-week cycle has reversed to the downside, hinting at more potential downturns ahead. 📉
Are cycles too complicated? No worries. Check out below for 1:1 coaching to help you master them. 🤝
Bitcoin may need a bit of a breather 😌 before its next big move upward.
Don’t fret; the bull market 🐂 is still intact, and a price range of $130–150k seems achievable.
That said, it’s unlikely to happen in the first two months of 2025. Here’s why:
1️⃣ The 1-week cycle is still declining 📉 and needs about another month to reset fully.
2️⃣ The 2-week cycle recently reversed 🔄 and will likely require at least two months to drop below 20.
3️⃣ Historically, Bitcoin tends to experience a bearish 60-day cycle 🕒 before completing its 24-week cycle.
(Surely, you haven’t forgotten that Bitcoin moves in roughly 24-week cycles, right? 😉)
On the weekly timeframe, this is the most probable scenario for Bitcoin:
I know you’re eager for gains, 💰 and soon enough, your altcoins will have their moment to shine. 🌟 You’ll be sending screenshots of your portfolio to your friends again, trust me. 😏
But for now:
🔸 Don’t allocate too much capital.
🔸 If something in your portfolio is down by 30%, analyze the cycles and consider averaging down—if your investment thesis still holds.
If you’re holding Bitcoin:
🚫 Now is not the time to sell.
📈 I anticipate a short-term pump to the upside. Selling at the 3-day cycle top could be worth considering.
Want real-time updates on my trades? 📩
Protect your crypto 🛡️ and make the most of the upcoming pump! 🚀