Saylor: Bitcoin Trades Produce $84M Loss
Saylor sold 6,916 BTC at $62,081 then repurchased 4,603 at $80,318 for an $84M loss as Bitcoin trades at $78,057.79 with neutral RSI.
SourceAnalysis
Michael Saylor sold 6,916 BTC at $62,081 for $429.35M then bought back 4,603 BTC at $80,318, locking in an $84M loss over two months according to @lookonchain.
Bitcoin currently sits at $78057.79 inside its Bollinger Bands with the EMA50 at $77341.63 acting as immediate support and the EMA200 at $70967.77 providing longer-term structure. Despite the MACD death cross at -64.13, the neutral RSI at 48.01 keeps the door open for a push toward the upper band at $79706.29 before any retracement to the lower band near $76845.89, shaping the latest BTC price prediction and Bitcoin trading strategy narrative for institutional desks tracking MicroStrategy Bitcoin holdings.
Lookonchain
@lookonchainLooking for smartmoney onchain