Svmuu reported that 10x Research stated its Bitcoin trend model has turned bearish.
It noted that the market narrative of Strategy (formerly MicroStrategy) "never selling Bitcoin" has begun to waver. 10x Research said that Michael Saylor recently hinted the company might sell some of its holdings of 843,000 BTC in the future, and this shift has led to cumulative outflows of approximately $2.7 billion from related Bitcoin ETFs.
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10x Research: Bitcoin Trend Model Turns Bearish
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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