Strategy: Sells $216M Bitcoin for Dividends
Strategy sells $216M Bitcoin under BTC Monetization Program as price holds $61683.99 amid bearish EMA50 resistance at $61805.6.
SourceAnalysis
Strategy offloaded $216M in Bitcoin to fund dividends through its BTC Monetization Program.
Price action at $61683.99 tests lower Bollinger support near $61730.28 while EMA50 at $61805.6 caps upside and EMA200 at $64374.74 defines the broader bearish structure. MACD death cross at 400.49 reinforces downside momentum with RSI at 44.35 offering no relief. Traders tracking BTC price prediction models now watch for a retest of $61730.28 before any sustained recovery attempt.
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