Wed, 06 Mabitcoin

Strategy could sell Bitcoin ‘just to inoculate the market’ — Michael Saylor

Burns Brief

It marks the first time that Michael Saylor’s company has floated the idea of selling Bitcoin, parting ways with his long-held view that Bitcoin shouldn’t be sold The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.

It marks the first time that Michael Saylor’s company has floated the idea of selling Bitcoin, parting ways with his long-held view that Bitcoin shouldn’t be sold.

Key Takeaways