Bitcoin, however, is reported to have dropped to $37 500 despite MicroStrategy’s big buy signaling a typical market behaviour where prices fall for acquisitions that are public. Investors are reducing long positions in lieu of the minor market correction with Bitcoin currently trading at an equivalent price. The reaction comes even after MicroStrategy has accurately predicted market bottoms in the past. Elsewhere, Chainlink’s price dropped from $16.58 to around $12.86 even amid expansion of staking pools for that token. As December goes on, Bitcoin’s correction ahead and investor sentiment in relation to that direction will be the most important factors for its future price movements and the overall market trend as 2024 looms closer.