BREAKING
406d 21h ago

Michael Saylor Raises Concerns Over Bitcoin Tracker as MicroStrategy Continues BTC Acquisition Trend

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a recent update from COINOTAG News dated December 29, 2023, MicroStrategy’s founder Michael Saylor has disclosed the latest data on the company’s Bitcoin Tracker for the eighth consecutive week. Notably, Saylor expressed his concerns regarding the **blue line** depicted on the tracker, indicating a potential shift in market dynamics. Traditionally, every Bitcoin acquisition by MicroStrategy is marked with a **green dot** corresponding to the purchase date, while the **Bitcoin price** trend line is illustrated in blue. Interestingly, historical trends suggest that MicroStrategy often augments its Bitcoin reserves promptly following such disclosures. Investors and market analysts alike are closely monitoring these developments, as they may reflect broader trends in institutional Bitcoin adoption and market sentiment. This information could play a significant role in shaping investment strategies within the burgeoning **cryptocurrency** landscape.

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