BTC falls to $83,100 on seller pressure, Fred Krueger notes

BTC falls to $83,100 on seller pressure, Fred Krueger notes
BTC near $83,100 as sellers lead

Fred Krueger, investor and crypto entrepreneur at various NFT and AI projects, reports that BTC is trading at approximately $83,100 after a 3.6% drop, attributing the move to a leverage flush with sellers currently in control.

Additional commentary referenced @saylor noting holdings of 848,000 BTC and a $21 billion gain for Strategy in Q3, while @Checkmatey sees signs of a stair-step recovery. @CorySwan described last Friday’s market behavior as a classic macro move.

Krueger previously suggested that a $20 billion purchase could push BTC to 135K in his analysis of Strategy’s potential market impact. In a separate comparison, he contrasted the cultural attitudes of the Marlboro Man and Bitcoin owners. His recent comments follow a series of perspectives on market behavior and Bitcoin sentiment.

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