Strive: Buys $81.5 Million Bitcoin After Shares
Strive acquires $81.5 million Bitcoin after share issuance while BTC sits at $78866.73 with EMA50 support at $73092.99 on 4h chart.
SourceAnalysis
Strive purchased $81.5 million in Bitcoin after issuing additional shares, adding to corporate treasury exposure amid ongoing accumulation trends.
Price action on the 4h chart shows BTC at $78866.73 inside the Bollinger Bands with upper resistance at $79187.49. The EMA50 at $73092.99 and EMA200 at $67314.92 anchor the bullish structure while RSI at 70.69 signals overbought conditions and MACD registers a death cross at 1784.57. With price testing upper Bollinger resistance while RSI flashes overbought, a healthy retracement to the 50-EMA support at $73092.99 seems probable before further continuation.
Traders tracking BTC price prediction models now watch for volume spikes near these levels to confirm continuation or rotation into names like TAO.
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