🚨 STRATEGY BUYS 2,486 BTC AS RARE BEARISH PATTERN WARNS OF POTENTIAL BITCOIN DROP
📊 Strategy (formerly MicroStrategy) has added 2,486 BTC worth about $168M, pushing its total holdings to over 717,000 Bitcoin valued near $50B.
⚠️ The aggressive accumulation comes even as Bitcoin forms a bearish pennant pattern, a technical structure often linked to further downside risk.
🔍 Analysts highlight that declining futures open interest and weaker market momentum are adding pressure to BTC’s short-term outlook.
📉 Some forecasts, including from major banks, suggest Bitcoin could still drop significantly before any sustained recovery phase.
🧠 Strategy continues funding purchases through share sales, increasing dilution but reinforcing its long-term “buy forever” Bitcoin strategy.
💰 This creates a high-risk, high-conviction scenario where institutional accumulation rises while technical indicators point to possible short-term weakness.
🚨 Overall, the market is now watching whether institutional buying can offset bearish chart signals or if a deeper correction unfolds first.