Michael Saylor Suggests To Take A ‘Holiday ₿reak’ Amidst BTC Drawdown
Michael Saylor commented on the decline in Bitcoin during the 2024 winter holidays. He tweeted to his followers “Take a break ₿reak”, alluding to the current decline in Bitcoin. After rising nearly 6% to reach the $99,400 mark on December 24, Bitcoin traded in this range for two consecutive days, reaching a high of $99,881. However, the price fell by about 4.57% today. However, CryptoQuant CEO Ki Young Ju noted that it would be difficult for Bitcoin to fall below 30% from current price levels. He also pointed out that even if this potential drop does occur, it will be short-lived and Bitcoin will quickly rebound by more than 30% after the drop.
