Metaplanet: Denies $320M Bitcoin Sale, Launches BitBonds
Metaplanet denies selling $320M Bitcoin as it launches BitBonds, with BTC at $63163.6 showing bearish EMA50 resistance at $64099.57 on 4h chart.
SourceAnalysis
Metaplanet denied selling $320M in Bitcoin while announcing its BitBonds launch, directly countering market speculation on the move.
BTC sits at $63163.6 inside Bollinger Bands with lower support at $63096.89 and upper resistance at $64444.06; the bearish trend structure holds as price remains below EMA50 at $64099.57 and EMA200 at $63716.69, MACD prints a death cross at -293.3, and RSI at 36.96 leaves room for downside continuation before any BTC price prediction reversal.
Decrypt
@DecryptMediaDelivers cutting-edge news and educational content on cryptocurrency, decentralized finance, and Web3 innovations for a global audience of blockchain enthusiasts.