Strategy: Sells $105M Bitcoin as Reserves Hit $4B
Strategy sells $105M Bitcoin while dollar reserves reach $4B, BTC at $62781.44 with bearish 4h signals.
SourceAnalysis
Strategy sold $105 million in BTC as its dollar reserves climbed to $4 billion.
Price sits at $62781.44 inside the Bollinger band with upper resistance at $63741.16 and lower support at $62339.85. The EMA50 at $63664.39 and EMA200 at $63706.54 form concrete resistance while the MACD death cross at -287.07 confirms bearish momentum. Neutral RSI at 42.53 offers no relief. This move intensifies BTC price prediction caution and crypto market crash concerns amid ongoing Bitcoin reserves management shifts.
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