MicroStrategy 的比特幣購買呈現紅色閃爍，凸顯了 BTC 的波動性

MicroStrategy 是比特幣領域最著名的機構投資者之一。但即使對於經驗豐富的投資人來說，要把握市場時機也可能很困難

One of the most well-known institutional investors in Bitcoin is MicroStrategy. But even for seasoned investors, timing the market can be difficult, as seen by their most recent Bitcoin purchase, which is currently showing red.

MicroStrategy 是比特幣領域最著名的機構投資者之一。但即使對於經驗豐富的投資者來說，要把握市場時機也可能很困難，正如他們最近購買的比特幣（目前呈現紅色）所示。

At present, MicroStrategy’s August 2024 acquisition of 8,169 Bitcoin at an average price of $67,455 per Bitcoin is indicating a loss of roughly $1.3 million, signifying an 11.61% decline in value. Given that MicroStrategy’s Bitcoin holdings have typically produced profits over the long run, this underperformance is noteworthy. With an all-time return of about 61.45% or $5.1 billion, the company has amassed a total of over 811,000 BTC.

目前，MicroStrategy 於 2024 年 8 月以每比特幣平均價格 67,455 美元收購了 8,169 個比特幣，損失約 130 萬美元，意味著價值下跌 11.61%。鑑於 MicroStrategy 持有的比特幣通常會在長期內產生利潤，這種表現不佳值得注意。該公司的歷史回報率約為 61.45%（即 51 億美元），總共累積了超過 811,000 枚 BTC。

Still, even for institutional investors with long-term investment horizons, the recent purchase underscores the volatility and risks involved with Bitcoin. The price of Bitcoin has been anything but stable lately. Bitcoin is currently trading at about $59,738 on the given chart, which is slightly below the crucial $60,000 threshold.

儘管如此，即使對於具有長期投資視野的機構投資者來說，最近的購買也凸顯了比特幣的波動性和風險。比特幣的價格最近並不穩定。在給定圖表上，比特幣目前的交易價格約為 59,738 美元，略低於關鍵的 60,000 美元門檻。

As of March 2024, the asset has been in a descending channel, and it is currently hovering close to its lower boundary. A crucial level for long-term investors, the 200-day moving average is where price action suggests Bitcoin is having difficulty staying above.

截至2024年3月，該資產一直處於下降通道，目前徘徊在其下限附近。對於長期投資者來說，200 日移動平均線是一個至關重要的水平，價格走勢表明比特幣很難保持在該水平之上。

This suggests a period of uncertainty in the market where, depending on market sentiment and external factors like macroeconomic conditions, Bitcoin could either attempt to rally towards higher levels or break down below the descending channel.

這表明市場處於一段不確定時期，根據市場情緒和宏觀經濟狀況等外部因素，比特幣可能會嘗試反彈至更高水平，也可能跌破下降通道。

The risks of buying Bitcoin at high levels are highlighted by the poor performance of MicroStrategy’s latest Bitcoin purchase. However, the company has a long-term strategy and has realized substantial gains in the past. The recent loss is a minor setback that MicroStrategy should be able to weather without any problems, given its vast liquidity.

MicroStrategy 最新購買比特幣的糟糕表現凸顯了高位購買比特幣的風險。然而，該公司製定了長期策略，並在過去取得了可觀的收益。鑑於 MicroStrategy 擁有巨大的流動性，最近的損失是一個小挫折，但它應該能夠毫無問題地度過。