Market Alert: Bitcoin Below Major Corporate Cost Basis
₿ Bitcoin has fallen below $75,000 — dipping under MicroStrategy's reported average buy price of ~$76,000/BTC.
📉 Key Implications:
MicroStrategy holds 712,647 BTC, now facing > $900M in unrealized lossesSaylor’s “buy, hold, never sell” conviction is under real-time market stressBreaking this psychological level impacts broader market sentimentNo BTC sold yet → losses are unrealized, but sentiment pressure builds
💡 Market Insight:
This is less about panic selling and more about testing belief. When the world’s largest corporate BTC holder slips into the red, traders question:
How long can price stay below cost basis?How much unrealized pain can the market digest?Does long-term conviction hold under pressure?
📌 Bottom Line:
Weak hands shake. Strong hands wait.
Moments like these don’t break narratives — they reveal who can sit through them.
$BTC #bitcoin #BTC #crypto #trading #BukhariTech