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Bitcoin has been continuously declining these days📉,
Not even a decent rebound has occurred,
The main reasons are, first, MicroStrategy sold 32 bitcoins:native
As if the most steadfast leaders are starting to make moves,
Second, the crypto market is becoming more like the US stock market,
Major centralized exchanges are listing US stocks,
Drawing liquidity away.
In fact, this is a typical short-term panic FUD,
Both of these are beneficial for the long-term development of the crypto space, especially Bitcoin.
The reason MicroStrategy is selling Bitcoin,
Is mainly to counter $STRC 's shorts,
Shorts have been claiming MicroStrategy won't sell coins or pay interest,
If this pattern can't continue,
@saylor then took this drastic step, tentatively selling to break rumors, to make shorts retreat, so that Bitcoin's treasury model can continue to raise funds.
If Saylor didn't want to keep raising funds,
He could have continued paying interest,
He could also just sit back and do nothing,
Or maintain his stance of not selling Bitcoin,
But he chose to sacrifice short-term reputation and market conditions to break the shorts, in exchange for the company's continued financing ability, all to buy more Bitcoin!
This is a typical short-term strategy for long-term gains!
US stocks on centralized exchanges will also attract outsiders, after the crazy US stock market phase passes, combined with rate cuts and increased liquidity, these new outsiders will naturally join the crypto space.
Bottom line,
This period is the time to go all-in!