MicroStrategy: $34K Polymarket Bet Targets BTC Sale Ruling
MicroStrategy: Newly created wallet bets $34.3K on Polymarket outcome flip for MicroStrategy Bitcoin sale by May 31 2026, eyeing $9.9M profit.
SourceAnalysis
MicroStrategy faces fresh scrutiny after a new wallet deployed $34.3K on Polymarket to flip the contract on whether the firm sells any BTC by May 31 2026, positioning for a potential $9.9M payout if the resolution shifts to yes.
Price action on the 4h chart shows BTC at $67799.56 testing the lower Bollinger Band support near $67904.03 while the EMA50 at $73316.37 and EMA200 at $76039.23 cap upside as resistance; RSI at 19.5 signals deep oversold conditions yet the MACD death cross at -1476.48 keeps the bearish structure intact, suggesting any relief rally stalls before retesting those higher EMAs.
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