Yesterday, after the CEO of MicroStrategy stated that they might sell Bitcoin, MSTR plummeted, leading Bitcoin to continue its decline, hitting a low of 83800.

However, MSTR closed with an exceptionally large hammer pattern, which suggests a high probability of a rebound for MSTR in the near future.

Therefore, the probability of Bitcoin continuing to drop further is low; it still has the potential to rebound and break through the 20-day moving average, testing the resistance level of 96,000.