Bitmine: Down $10.35B as Strategy Loses $12.27B

Tom Lee's #Bitmine sits down $10.35B while Michael Saylor's #Strategy shows $12.27B in unrealized losses on BTC and ETH positions according to the latest lookonchain update.

Price action on the 4h chart reveals a bearish trend with BTC at $61155.39 below both EMA50 at $67807.19 and EMA200 at $73952.8; RSI at 27.3 signals oversold conditions while MACD prints a death cross at -2398.35 and price remains trapped inside the Bollinger band between $59482.15 support and $68073.25 resistance, suggesting further downside pressure before any relief rally that could reshape BTC price prediction models during this crypto market crash phase with limited AI industry impact on treasury flows.