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- MC:$3.45KHolders:30.53%
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Bitcoin has dropped back below 90,000 again, and the bullish traders are really struggling this time.
Do you remember the "only buy, never sell" myth of MicroStrategy? At that time, they were riding the BTC wave all the way up, and now as the price drops further, it's almost touching their average cost line.
This is interesting - will the big holders be unable to withstand the pressure and start selling off? Or will they continue to hold on to their bullish positions?
What do you think of the situation?