Strive: $4.2 Billion Offering as Strategy Sells Bitcoin
Strive launches $4.2 billion offering while Strategy sells Bitcoin, BTC at $67120 with RSI 13.49 oversold on 4h chart amid bearish EMA structure.
SourceAnalysis
Strive launches a $4.2 billion offering to double down on Bitcoin purchases even as Strategy offloads holdings, highlighting diverging institutional flows in the BTC market.
Bitcoin sits at $67120 testing the lower Bollinger Band support near $67715.48 while the RSI(14) at 13.49 flashes deep oversold readings and the MACD death cross at -1530.69 reinforces the bearish structure below both the EMA50 at $73289.72 and EMA200 at $76032.47, setting up potential short-term volatility exhaustion before any relief rally. Traders watching BTC price prediction models now factor these levels against broader crypto market crash risks that dominated the past six months.
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