For those in the community interested in $BTC / $MSTE price $BTC is trading around the USD $77.8K at the time of this writing (11:45AM EST) after pulling back from roughly USD $81K earlier this week. So this is not really a fresh breakout attempt yet — it is more of a retest from below as Bitcoin tries to stabilize after a strong move higher. What helped this week rally: • Strong Bitcoin ETF inflows • A weaker USD / lower long-term yields • Renewed interest in Bitcoin as a hedge against currency debasement • A large short squeeze that forced bearish positions out of the market What slowed it down: • A more hawkish Fed message at Jackson Hole (US FED Economic Symposium) • Heavy selling pressure around the $80K–$82K area • Friday's Bitcoin ETF outflows ($202M) ended a 9-day inflow streak — though the week overall (Aug 24–28) still saw ~$924M in net inflows, so it's one red print, not yet a confirmed reversal in flows The main levels I’m watching now are simple: • ~$76.5K–$77K = near-term support • ~$73K–$75K = stronger support if the pullback deepens • ~$80K–$82K = major resistance A convincing move above ~$82K–$83K would materially strengthen the recovery thesis for $MSTR and $MSTE. - Although I hold $MSTE , it is important to highlight that $MSTE adds another layer on top of $MSTR because it uses leverage and covered calls. That means MSTR weakness can put extra pressure on MSTE’s NAV, while a sustained MSTR recovery can help rebuild NAV and improve the overall health of the fund. My personal takeaway: Bitcoin’s recovery thesis is still intact, but the market now needs to prove that the recent rally can turn into a more durable move supported by real demand. For now, I see this as a consolidation/retest phase — not yet a confirmed breakout, but not a failed rally either. Disclaimer: This post was created with help from ChatGPT and Claude based on publicly available market, ETF-flow, macroeconomic and fund information. It is for informational purposes only and is NOT financial advice
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12 Comments
Bert @simple_acre_homestead · 12h
I don't think it will be long now before we see a consistent turn around with crypto. We will be happy we held on to our MSTE. I am thankful I was able to DCA down before the next run.
Mitchell Muir@mitchell2025 · 13h
I like the idea that mste sell cc on less then 50% and the drip feature 😎 but if bitcoin takes a hit in the fall I’ll be looking at bday. I like the day max strategy just my opinion
Yves Duquette@panther1963 · 9h
My wife and I have MSTE, MSTR, BDAY, FBTC and Bitcoin I also have MSTR options, 2 sold puts, 1 CC and 3 deep ITM calls that I purchased.
A I S@a.i.s · 11h
Love these mste /mstr BTC updates, keep em coming
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