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Michael Saylor’s Strategy Unveils $21 Billion Stock Issuance For Bitcoin Investment

Michael Saylor, co-founder and chairman of Strategy (formerly Microstrategy), is intensifying efforts to acquire Bitcoin (BTC) by tapping into capital markets, announcing plans to issue up to $21 billion in preferred stock.  Strategy Plans Major Sale Of Preferred Shares According to Bloomberg, the new offering will consist of 8% series A perpetual-strike preferred shares, which…

Flash Crashes On The Rise: Understanding The Recent $300 Billion Crypto Drop

The crypto market is experiencing a significant upheaval, with a staggering $300 billion erased in just 24 hours. This massive sell-off has raised concerns among investors, prompting analysts to explore the underlying causes of this dramatic decline. Bitcoin And Ethereum Plummet According to insights from the Kobelsi Letter, a global commentator on capital markets, the…

Market Signals Point To Caution: Bitcoin’s 3-Day Chart Shows Potential Sell Alert

Bitcoin (BTC), the market’s leading cryptocurrency, has officially entered a new downtrend phase following a period of consolidation around the mid-$90,000 levels.  After reaching an all-time high of $109,000 in January, Bitcoin has now seen a significant drop of 7%, bringing its current price to approximately $87,400. This decline raises concerns about the sustainability of…

Crypto Experts Forecast Bitcoin Market Peak: Bear Market Could Emerge Within 3 Months

As Bitcoin (BTC) consolidates above the significant $100,000 milestone, previously a challenging resistance level to breach, market analysts are closely monitoring its potential for further price increases and the possibility of new all-time highs (ATHs).  A critical threshold of $109,000 looms in the near future for the market’s leading cryptocurrency, but the clock may be…

Bitcoin Poised For ‘Blow-Off Top’: Elliott Wave Analysis Suggests New ATH Of $170,000

The Bitcoin (BTC) price has recently entered a consolidation phase following significant upward movements, as the cryptocurrency market experiences heightened volatility at the start of the year.  Currently, the market’s leading cryptocurrency is hovering above the critical $100,000 milestone, with analysts suggesting that further price increases could be on the horizon. Analyst Warns Of ‘Overly…