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Fear is an asset class. And Wall Street is long.
Short-term holders just puked $1 Billion in realized losses. Panic selling. Emotional capitulation. No thesis.
Meanwhile, Saylor and Tom Lee stepped in and bought $1.4 Billion combined.
They didn't buy because the chart looked "safe." They bought because your panic gave them a discount they shouldn't have had.
If you sold last week, you didn't "risk manage." You just donated your position to the new owners. Learn the difference.