Strategy Shares: STRC Hits 4-Month Low as BTC Drops

Strategy Shares STRC ETF plunged to a four-month low as Bitcoin sank under $60K, extending recent drawdowns seen in Bitcoin price history below $60K.

Price action at $61848.81 sits deep below the EMA50 at $68107.79 and EMA200 at $74079.95, locking in a bearish trend structure confirmed by the MACD death cross at -2397.28.

With RSI at 32.04 and price inside the Bollinger Bands, the next move likely targets the lower band support near $59834.51 before any relief rally toward upper resistance at $68407.83.