Last week I wrote this article that it will be nearly impossible for Bitcoin to hit 21K and look Michael Saylor is now supporting that Theory: ππ’ππ«π¨πππ«ππππ π² π―π¨π°π¬ ππ¨ π©π«π¨ππππ ππ’πππ¨π’π§ ππ«π¨π¦ $πππ ππ«ππ¬π‘ βAs far as where Bitcoin needs to fall, we took out the loan at a 25% LTV, the margin call occurs 50% LTV. So essentially, Bitcoin needs to cut in half or around $21,000 before we'd have a margin call,β he said: βThat said, before it gets to 50%, we could contribute more Bitcoin to the collateral package, so it never gets there, so we donβt ever get into a situation of March call also.β MicroStrategy thus appeared to state that it would actively support Bitcoin markets during a major capitulation. As Cointelegraph recently reported, BTC price forecasts currently call for between $25,000 and $30,000 as a worst-case scenario. https://cointelegraph.com/news/btc-price-gains-4-pre-fed-as-microstrategy-vows-to-protect-bitcoin-from-21k-crash #Crypto
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