Zhibao: Adds 2,380 BTC in $154.7M Pivot
Zhibao buys 2,380 BTC for $154.7M as price holds $65395.77 with RSI at 71.12 and MACD golden cross intact.
SourceAnalysis
Zhibao acquired 2,380 BTC worth $154.7M in a treasury pivot that underscores growing corporate demand for Bitcoin exposure.
Price sits at $65395.77 inside the Bollinger band with upper resistance at $65446.2. RSI(14) at 71.12 flashes overbought while MACD(12,26) prints a bullish golden cross at 367.18. With price testing upper Bollinger resistance while RSI signals exhaustion, a healthy retracement to the 50-EMA support at $63949.21 seems probable before further continuation. This move refines BTC price prediction models, steers clear of any crypto market crash narrative, and shows AI industry impact on InsurTech treasury strategy.
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