Hey, this is Brother Ma. If MicroStrategy really sells $1.2 billion worth of Bitcoin, the market will inevitably see a major sell-off and panic.



I want to remind everyone again that there is a systemic risk of a significant downturn in Bitcoin's future, and the liquidity tightening crisis is already close to us.

Yesterday, the leading company MicroStrategy, which holds a large position in BTC, officially announced a major reduction plan. All funds from this sale will be used for the company's stock buyback. Previously, this company only sold Bitcoin on a small scale as a market test move, but this time the sale scale is as high as $1.2 billion, a strategic large-scale unloading that changes the holding structure.

After this round of massive selling pressure is realized, the support level of 60,000 for Bitcoin is likely to be effectively broken by bears. This is also a symbolic signal that the market liquidity crisis is officially fermenting. The downward trend in the future is about to fully unfold. The core observation range below is locked between 49,000 and 55,000. Be sure to manage risk to avoid the downside risk.
BTC-3.08%
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