Bitcoin: Strategy Sells $109M BTC as Price Falls
Bitcoin drops below $64,500 after Strategy sells $109 million in BTC, wiping $30 billion from total crypto market cap with $50 million in longs liquidated.
SourceAnalysis
Bitcoin fell below $64,500 after Strategy disclosed the sale of 1,690 BTC for $108.6 million, using proceeds to repurchase preferred stock and marking $432 million in sales for 2026 so far.
With price testing lower Bollinger support at $64,374.68 while the EMA50 at $64,540.86 acts as immediate resistance and the MACD death cross at 47.77 confirms bearish momentum, a sustained break lower toward the EMA200 at $63,774.95 appears likely before any recovery attempt in this BTC price prediction environment amid the crypto market crash pressure.
Bull Theory
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