Institutional Bitcoin sales loom large: $90K to be the next local bottom?

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The story "Institutional Bitcoin sales loom large: $90K to be the next local bottom?" was covered 2 weeks ago by AMBCrypto, a news publisher based in United States.

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AMBCrypto 2w ago

Institutional Bitcoin sales loom large: $90K to be the next local bottom? - AMBCrypto

Quick Summary:

Concerns over potential institutional sell-offs, fueled by heightened volatility, could position $90K as a crucial local bottom.

In such a scenario, $90K could serve as a strong liquidity pool, attracting both swing traders and institutional activity, leading to a potential uptick in price.

As highlighted in the chart below, MSTR’s volatility being four times that of BTC signifies that MicroStrategy’s stock price is expected to fluctuate approximately four times as much as Bitcoin’s, introducing a heightened and calculable risk for its investors.