MicroStrategy: Sells 2,225 BTC for $135M
MicroStrategy sold 2,225 BTC worth $135M at $60,773 average, bringing two-week total to 3,588 BTC sold for $216M with 843,775 BTC remaining.
SourceAnalysis
MicroStrategy sold another 2,225 BTC for $135M at an average $60,773, following the prior week's 1,363 BTC disposal at $59,256 and lifting the two-sale total to 3,588 BTC worth $216M while retaining 843,775 BTC.
Bitcoin price action on the 4h chart shows the asset at $61659.63 testing lower Bollinger support at $61723.65 with EMA50 at $61804.65 now serving as immediate resistance and EMA200 at $64374.49 capping upside, while RSI at 44.14 stays neutral and MACD death cross at 398.55 locks in bearish momentum that favors further downside before any recovery.
These repeated sales reshape near-term BTC price prediction models and raise questions around potential crypto market crash triggers if corporate holders accelerate exits, even as Bitcoin holdings data continues to influence institutional flows.
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