Crypto stocks aren’t getting crushed, contrary to what people were predicting on Twitter over the weekend. MicroStrategy (MSTR) was predicted to crash today after Bitcoin fell sharply this weekend. But that’s not the case - it’s up 1% so far today. The option flow is more bearish than the stock, which tells me that traders are expecting a further decline from here.
Crypto stocks not getting crushed
Crypto stocks not getting crushed
Crypto stocks not getting crushed
Crypto stocks aren’t getting crushed, contrary to what people were predicting on Twitter over the weekend. MicroStrategy (MSTR) was predicted to crash today after Bitcoin fell sharply this weekend. But that’s not the case - it’s up 1% so far today. The option flow is more bearish than the stock, which tells me that traders are expecting a further decline from here.