CryptoBullishBlockonomi · 5h ago7/10
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Michael Saylor Signals Rising Bitcoin Cost Basis as $75K Emerges as Key Support Zone
Michael Saylor's Bitcoin accumulation strategy reveals an rising cost basis approaching $75,000, indicating institutional buyers have deployed significant capital at higher price levels during recent bullish phases. The $75K level now represents a critical support zone that reflects the average acquisition price of major institutional holders, with Bitcoin's current positioning near this threshold creating important technical implications for market stability.
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