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MSTR’s Bre...
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MSTR’s Breakdown Spells Trouble for BTC—Will the Crypto Market React?

  • MicroStrategy's stock, MSTR, has declined by almost 50% since November 2024, indicating a possible bearish continuation for Bitcoin's rebound.
  • Analysts predict a potential decline for Bitcoin to $60,000 as it struggles to hold above a crucial support level.
  • MicroStrategy's deteriorating earnings and the potential breakdown of MSTR below $135 could lead to the company selling its Bitcoin holdings.
  • The recent decline in MSTR's stock price may impact the market due to MicroStrategy's ownership of 499,096 Bitcoins.

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