Bitcoin Price Forecast: MicroStrategy’s SEC form 8-K filing hints at possible Bitcoin sales to meet financial obligations :
Bitcoin price stabilizes around $80,000 on Tuesday after reaching a new year-to-date low of $74,508 the previous day. MicroStrategy’s SEC Form 8-K filing reports a loss of $5.91 billion, hinting at possible BTC sales to meet financial obligations. The “fake news” on the tariff pause brings volatility spikes in risky assets like Bitcoin. The technical outlook suggests a ‘dead cat bounce’ scenario with a recovery towards $85,000 and dumping to $76,606. #CanBTCStandAbove80K
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Bitcoin Price Forecast: MicroStrategy’s SEC form 8-K filing hints at possible Bitcoin sales to meet financial obligations :
Bitcoin price stabilizes around $80,000 on Tuesday after reaching a new year-to-date low of $74,508 the previous day.
MicroStrategy’s SEC Form 8-K filing reports a loss of $5.91 billion, hinting at possible BTC sales to meet financial obligations.
The “fake news” on the tariff pause brings volatility spikes in risky assets like Bitcoin.
The technical outlook suggests a ‘dead cat bounce’ scenario with a recovery towards $85,000 and dumping to $76,606.
#CanBTCStandAbove80K