10x Research's Bitcoin Trend Model Shifts to Bearish on MicroStrategy CEO's Hint of Potential BTC Sales

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According to 10x Research, the firm's Bitcoin trend model has shifted to bearish recently. The research firm cited a potential shift in MicroStrategy's "never sell" Bitcoin narrative, noting that CEO Michael Saylor recently hinted the company may sell part of its 843,000 BTC holdings. The change has sparked approximately $2.7 billion in cumulative outflows from related Bitcoin ETFs.
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