MicroStrategy: Sells 3588 Bitcoin This Week
MicroStrategy sold 3588 Bitcoin as BTC trades at $61689.38 with bearish EMA50 at $61805.81 and MACD death cross on 4h chart.
SourceAnalysis
MicroStrategy offloaded 3588 BTC this week while price sits at $61689.38. The 4h structure shows a bearish trend with EMA50 at $61805.81 acting as immediate resistance and EMA200 at $64374.79 capping upside. RSI(14) at 44.4 stays neutral yet MACD prints a clear death cross at 400.92, confirming momentum loss. Price tests the lower Bollinger band near $61731.74 support after failing upper resistance at $63685.94. Traders watching BTC price prediction models now factor this corporate sale into supply pressure, while crypto market crash scenarios gain traction if the 50-EMA breaks. Institutional desks monitor the AI industry impact on risk assets as volatility compresses.
Evan
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