Strategy Shares: Slide After Bitcoin Sale
Strategy Shares slide after Bitcoin sale with BTC at $71545.86 showing bearish EMA50 resistance at $74373.58 and oversold RSI 28.94 on 4h chart.
SourceAnalysis
Strategy shares slid following the Bitcoin sale, prompting questions on whether more BTC will be dumped ahead as price action turns defensive. BTC trades at $71545.86, testing the lower Bollinger support at $71769.46 while the EMA50 at $74373.58 and EMA200 at $76370.43 cap upside in a clear bearish structure. The RSI(14) at 28.94 flashes oversold yet the MACD death cross at -653.06 keeps downside pressure intact, suggesting any bounce toward upper resistance at $75024.52 faces immediate rejection before fresh lows. This setup directly feeds into BTC price prediction models and raises crypto market crash risks if Strategy accelerates further sales.
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