Bitcoin: Figure Details Crypto-Backed Loan Mechanics

DecryptMedia highlighted how crypto-backed loans let Bitcoin holders unlock cash against collateral without triggering taxable sales, with Figure executive Sam Mei breaking down selection criteria.

Price sits at $63150.49 inside Bollinger Bands with upper resistance at $64445.91 and lower support at $63093.73; the bearish EMA50 at $64099.05 and EMA200 at $63716.56 act as concrete resistance while MACD death cross at -294.35 signals sustained downside pressure, and RSI at 36.8 keeps momentum neutral. Institutional desks watching BTC price prediction models now weigh these levels against loan-to-value ratios before extending fresh credit lines. Bitcoin liquidity strategies gain traction as traders avoid forced selling during this consolidation phase.