Michael Saylor’s Strategy sells bitcoin: what it means for BTC

Digital credit's rise could reshape Bitcoin investment strategies, offering income potential but posing risks amid Bitcoin's inherent volatility. The post Strive CEO Matt Cole calls digital credit bigger than ETFs for Bitcoin appeared first on Crypto Briefing.

Bitcoin is still trading above $60,000, but there are questions as to whether that area has already become the macro bottom for this correction or whether another crash could still drag the price back into that zone. Technical analysis using Bitcoin’s weekly RSI, prior cycle support, and the 21-week and 50-week EMA trend presents the bullish side of that trend, but bears can still argue that confirmation has not arrived until Bitcoin breaks above the weekly EMA structure. Bitcoin Might Have Bottomed Already The strongest argument that Bitcoin may have already bottomed is from the weekly RSI indicator. According to the thesis shared by Cryptoposeidon on X, Bitcoin’s weekly RSI has fallen below 30 only four times in history. The first three came around the January 2015, December 2018, and June 2022 lows, all of which later became macro bottom zones. Related Reading: XRP Analyst Flags Biggest Institutional Unlock That The Market Has Ever Seen Back in January 2015, Bitcoin’s RSI fell to ab

Bitcoin kicked off June by tumbling below $71,000 for the first time since April, triggering a broader market sell-off that wiped out $627 million in leveraged positions and reduced the total crypto market cap to $2.52 trillion. Bitcoin Crashes Below $71,000 to Kick Off June Bitcoin started June on the back foot, tumbling below $71,000 […]

Strategy’s 32 BTC transaction has sparked debate over how investors value Bitcoin treasury companies as capital structure and liquidity considerations evolve.

SpaceX's ambitious IPO valuation and Bitcoin strategy could redefine market dynamics, influencing tech investment trends and financial strategies. The post SpaceX targets $2T IPO valuation, Bitcoin on balance sheet appeared first on Crypto Briefing.

Strategy's Bitcoin sale signals a shift from its "never sell" stance, potentially impacting investor confidence and future stock performance. The post Strategy sells bitcoin for the first time since December 2022 appeared first on Crypto Briefing.

Strategy sold 32 BTC worth $2.5M, its first Bitcoin sale since 2022. See what it means for BTC price and the company’s massive holdings. Strategy Inc. sold Bitcoin for the first time in over three years. The company disclosed 32 BTC sold between May 26 and May 31. The sale fetched roughly $2.5 million.  According […] The post Strategy Sells 32 Bitcoin as BTC Slips Below $71.5K appeared first on Live Bitcoin News.

Bitcoin is approaching a pivotal moment, with several key support and resistance levels set to determine its next major move. While bulls are fighting to maintain critical price zones and preserve the broader recovery structure, bears continue to pressure the market from above. Bitcoin Struggles Below $78,080 As Bears Retain Control Analyst Kamile Uray notes that Bitcoin’s recent recovery attempt was feeble, with the price remaining trapped below the critical $78,080 threshold. Until the market secures a decisive 4-hour close above this level, the structural outlook remains vulnerable, and the downward trend is likely to persist. Related Reading: Bitcoin Price Teeters Near The Edge As Bears Eye Another Breakdown To the downside, attention shifts toward the Fibonacci support zone spanning $71,000 to $68,000. This region historically attracts buyers and could serve as a vital foundation for a structural rebound. Conversely, should the market turn bullish, traders must watch the $82,885 l