MSTR: Full Reset before Full SendStrategy IncBATS:MSTRTerrapinsWhy March 2025 Could See New Highs What's Happening Right Now? Everyone is freaking out right now, but this is actually creating one of the best buying opportunities we've seen. Bitcoin is trading around $95,600 after dropping about 24% from its peak of $126,000 in October. The Fear & Greed Index is at 10 (Extreme Fear) – and you know what they say? Be greedy when others are fearful. But, also, be patient and set limits. The thing is, most people don't understand the economics behind Bitcoin or how liquidity actually works in crypto markets. We're playing a completely different game than stocks here. The Real Cost to Mine Bitcoin (And Why It Matters) Here's where it gets interesting. The big mining operations are producing Bitcoin for around $26,000-$28,000 per coin, while less efficient miners saw costs spike to $114,842 in October 2025... That's a massive range, and it tells you everything about where the floor is. After the April 2024 halving, it now takes 854,400 kilowatt-hours to mine just one Bitcoin – that's about 81 years of electricity for an average home, just for one coin. That's a fun fact. No smart miner is going to sell at a loss when they're paying that much for electricity and equipment (GPUs, etc). They'll just hold and wait. This creates natural supply constraints. The Liquidity Trap (This Is the Key) Right now, the market is in what I call a liquidity trap. As Bitcoin crashed from $126K down to where we are now, all the leveraged traders got wiped out. We saw $870 million in Bitcoin ETF outflows in a single day – that's both panic selling and intelligent, planned shorting, not fundamental weakness. Here's what most people are missing: if Bitcoin drops to around $75K, it's going to unlock massive amounts of liquidity – I'm talking hundreds of millions, possibly billions of dollars that's currently locked up in long positions (Futures). When those long get liquidated, the shorts will likely reverse their positions, that money floods back into the market and creates a supply shock. Basic economics: limited supply + sudden demand increase = price explosion. Price Targets & When to Buy I think we'll see $89K very soon – possibly this week between Monday and Wednesday (November 17-19, 2025). But here's my recommended strategy instead of trying to catch the exact bottom: First Buy: $89K Put in about 30% of what you're planning to invest. This is still a good entry even though it's not the absolute bottom. Second Buy: $80K Another 35% here. This is where things get really interesting from a risk/reward perspective. Third Buy: $75K The final 35%. This is the sweet spot where all that trapped liquidity gets released. Remember, demand increases as the price drops, and miners won't sell below cost. That's your supply shock waiting to happen. What About MicroStrategy? MSTR has crashed about 40% and is now trading at only 1.06 times its Bitcoin holdings, down from 2.7 times. The stock is around $200-$237 now, way down from its November 2024 high of $543. My prediction: MSTR will probably hit the $140-$150 range, maybe even drop to $100-$120 (which is where it found strong support from March to September 2024). If we do see those lower prices, I'm going all-in on MSTX shares, not MSTR – the 2x leverage structure is better. The Macro Picture Fed rate cut expectations dropped from 90% to about 40%, which is why everything's selling off. But this is temporary sentiment, not permanent damage. The infrastructure is still being built, institutions are still coming in, and the fundamentals haven't changed. Bottom Line Be patient. Wait for the dips. Bitcoin will likely hit $89K this week, and from there we could see further drops to $80K and $75K. Each level is a buying opportunity. By March 2025, I expect we'll be making new all-time highs. The key is understanding that crypto operates on different rules than stocks. Liquidity and supply dynamics matter more than anything else right now. Good luck, Terrapins