MicroStrategy, with 568,840 BTC valued at approximately 60 billion USD, has seen fluctuations, dropping 7.5% in the last session. 10X Research suggests considering a short position if it breaks below 400 USD, indicating an unstable trend as BTC’s volatility cools.
Despite peaking at 111,900 USD, Bitcoin currently trades around 107,380 USD amidst high volatility. Options traders indicate reduced volatility in the market, raising concerns about MicroStrategy’s capacity to acquire Bitcoin at previous levels.
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