Microstrategy just bought $561 million worth of Bitcoins

Microstrategy just bought $561 million worth of Bitcoins

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The dominance of Tether perfectly demonstrates what happened last week. Pay attention to the change of the old resistance level to the new support level on the weekly chart. The next stop is likely to be 4.7-5%, which, given Bitcoin's recent relative weakness, could easily send Bitcoin into the $82-$85k range. before the rebound.

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