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Microstrategy Hangs By The Ropes Amidst BTC Selloff: Crypto Analyst

Microstrategy hangs by the ropes after the latest Bitcoin selloff according to a crypto analyst as we are reading more about in our latest Bitcoin news today. Microstrategy and its head Michael Saylor became synonymous with BTC and were responsible for kicking off the entire treasury reserve trend that is going on since then. As a result of the innovative and risky move, the company’s shares skyrocketed to revisit dot.com bubble resistance levels. However, the rejection led to a volatile market, and now Microstrategy hangs by the ropes amidst the recent selloff, which suggests that things could go worse. Michael…

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