The tweet was deleted by the author.
But we saved everything 🙂.
Scott Melker addresses a common belief among Bitcoin supporters that traditional investors purchasing shares of Strategy indicates clear support for Bitcoin.
According to Melker, an analyst clarifies that this is not necessarily the case, challenging the assumption about investor sentiment.
Melker’s perspective contributes to a nuanced dialogue surrounding institutional involvement in cryptocurrencies—an area in which he has previously highlighted cautionary signals, such as his analysis of a bearish Bitcoin indicator that raised concerns about market volatility. Similar attention to shifts in traditional assets has been evident in his coverage of a gold price pullback, where he identified buying opportunities amid uncertainty, reinforcing his reputation for balanced market assessments.