On March 28, MicroStrategy’s stock closed down to 289.41 USD, dragging market sentiments alongside Bitcoin which has dropped by 1%. The market concerns are heightened by insider stock sales and declining trade volumes.

Bitcoin is testing its support level at 80,000 USD, with potential for a further drop to 78,000 USD in April. Despite MicroStrategy’s decline, 82% of CoinMarketCap users remain optimistic about Bitcoin.