Strategy: Buys BTC for Second Straight Week
Strategy pads cash cushion buying BTC at $67201.2 as RSI hits 73.34 overbought on 4h chart.
SourceAnalysis
Strategy padded its cash cushion for the second straight week with fresh BTC purchases, Decrypt reports.
Price at $67201.2 tests upper Bollinger resistance at $67103.42 while RSI(14) at 73.34 flashes overbought and MACD holds its golden cross; this confluence points to a probable retracement toward EMA50 support at $64406.21 before any extension higher. Institutional BTC price prediction models now factor ongoing accumulation even as crypto market crash tail risks and AI industry impact reshape capital flows into BTC.
Decrypt
@DecryptMediaDelivers cutting-edge news and educational content on cryptocurrency, decentralized finance, and Web3 innovations for a global audience of blockchain enthusiasts.