Shyon
05-07 00:58

I’m still bullish overall, even though I’m holding a sizable paper loss in $Bullish(BLSH)$ . What stands out this cycle is the strength of institutional flows — especially into $iShares Bitcoin Trust(IBIT)$ and $Morgan Stanley Bitcoin Trust ETP(MSBT)$ — alongside continued accumulation from $MicroStrategy(MSTR)$ . That kind of capital tends to be more patient and structural.

Regulation is the other key piece. If the CLARITY Act moves forward, it could finally define the SEC vs CFTC boundary, which is a big unlock for players like $Circle Internet Corp.(CRCL)$ . That kind of clarity usually helps establish stronger long-term support levels.

Near term, $80K may not hold cleanly, and a pullback toward $60K wouldn’t surprise me. I’m staying patient with BLSH — this feels more like early-cycle volatility than a broken trend.

@Tiger_SG @TigerStars @Tiger_comments @TigerClub

# Ahead of Circle's Earnings: Can CLARITY Act Be a Breakthrough?

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  • nizzmo
    ·05-07 17:22
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    MSTR still buying is the tell lol. You really think 60K gets tapped first?
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    • Shyon: 
      [Cool] [Cool] [Cool]
      05-07 21:50
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