#MicroStrategy $BTC Software company turned crypto acquirer Microstrategy MSTR has purchased and additional 51,780 Bitcoin valued at $4.67 billion over past seven days.

The 90k level was widely anticipated as a potential reversal point with expectations of retracement towards 67k. However, recent developments are providing additional support to BTC, potentially fueling further bullish momentum. While previous projections indicated a possible decline in BTC and XRP, these emerging factors could shift the overall market outlook. Although the situation does no guarantee a fully bullish trend, initiating short positions at this juncture could carry significant risk.