Trump Media: Sells 2,628 BTC for $165M
Trump Media sold 2,628 BTC ($165.07M) after buying 11,542 BTC at $118,522 average, now down $555M total amid current BTC price action.
SourceAnalysis
Trump Media sold another 2,628 BTC worth $165.07M, bringing total sales to 7,281 BTC ($545M) at an average $74,855 after initial purchases of 11,542 BTC ($1.37B) at $118,522 average, leaving the firm down $555M on holdings.
With BTC trading at $62,996.75 inside the Bollinger Bands on the 4h chart, price tests upper resistance at $65,227.31 while the EMA50 at $63,923.28 and EMA200 at $63,805.44 act as overhead resistance in the bearish structure, and MACD death cross at -398.19 plus neutral RSI at 41.6 point to further downside pressure toward lower band support at $62,029.81 before any recovery in BTC price prediction models.
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