BEARISH 📉 : MSTR Stock Hits 52-Week Low as Bitcoin Plummets

Key Highlights:

Michael Saylor’s Strategy (NASDAQ: MSTR) hit a 52-week low, with shares dropping over 9.5% to approximately $143.
MSTR shares are down around 57% year-on-year, correlating with Bitcoin's decline.
Bitcoin has decreased by 7% to roughly $82,000, impacting investor sentiment.
Michael Saylor invested $54 billion in over 712,000 Bitcoins at an average price above $76,000; current unrealized gains are under 10%.
Market experts warn of potential sell-off if Bitcoin falls below Strategy’s average purchase price.

Bitcoin Market Analysis:

Bitcoin broke multiple support levels, dropping to $82,000, continuing its downward momentum.
Crypto analyst Crypto Patel notes a 12% decline from recent highs, predicting further downside.
Potential targets are set at $75,000 and $70,000, unless Bitcoin closes above $90,600 on a higher timeframe.