Strategy: Shorts Target MSTR in Bitcoin Bloodbath
Strategy (MSTR) draws short sellers as Bitcoin bloodbath hits $59813 with RSI at 19.88 and MACD death cross.
SourceAnalysis
Strategy faces heavy shorting on MSTR shares during the Bitcoin bloodbath, echoing MicroStrategy Bitcoin holdings and MSTR stock correlation patterns from the last six months.
Price action shows BTC at $59813.41 testing lower Bollinger support near $59879.78 while the EMA50 at $68341.26 caps any bounce in the bearish trend; the RSI(14) at 19.88 flashes oversold exhaustion yet the MACD death cross at -2534.71 locks in downside pressure, shaping near-term BTC price prediction and MSTR short interest history during Bitcoin drawdowns.
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