Strategy: Up to $1.25B Bitcoin Sale Eyed
Strategy: Potential $1.25B Bitcoin liquidation under Digital Credit Capital Framework at $59274.54 amid bearish EMA structure.
SourceAnalysis
Strategy may offload as much as $1.25B in BTC under the new Digital Credit Capital Framework, according to the latest filing.
Price sits at $59274.54 inside the Bollinger band with upper resistance at $60848.68. The bearish trend structure holds as price remains below the EMA50 at $61154.45 and the EMA200 at $66155.64. MACD shows a bullish golden cross at -424.99 while RSI at 39.06 stays neutral, suggesting any relief rally could stall at the upper band before testing lower support near $59233.41.
Decrypt
@DecryptMediaDelivers cutting-edge news and educational content on cryptocurrency, decentralized finance, and Web3 innovations for a global audience of blockchain enthusiasts.