I just noticed something interesting on the BTC chart. We are at 77.7k and I see the same pattern as when MicroStrategy made that massive purchase of over a billion recently. That time, the price dropped about 14% in two weeks after the purchase. Now I see the rejection at 76k, similar to the momentum we saw at 72k earlier. If MicroStrategy follows the same buying pattern, we could be seeing a similar move. My technical reading suggests that if this repeats, we could hit 65k in the next two weeks. Of course, the market always surprises, but it's worth paying attention to this level.

BTC-0.56%
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