IOTA Drops on Controversy – Could this be Temporary?

IOTA confirmed below a triangle chart pattern on Thursday after a Microsoft partnership misrepresentation scandal. What’s next for the new kid around the block?
What Went Down Before
Also called the new Bitcoin, IOTA’s market cap suddenly jumped to number 4 on the cryptocurrency list last week. Its price surged over 600% going from $1 to $5.5.
One of the main reasons the company got so much attention was that they made us believe they are fully partnering up with Microsoft.