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via CoinDesk · By CoinDesk Staff

Bitcoin (BTC) isn't broken, says Strategy's (MSTR) Saylor

BTC

BTC/USDT

$79,632.00

-1.76%

$79,632.00

-1.76%

(24s)

24h Volume

$17,284,845,145.36

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,603.06

▼ -0.07%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,916.17

Price$79,603.06

Support 1$78,324.21

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.2

CoinDesk Staff

(12:26 PM UTC)

1 min read

Approved byEmily Watson

0 comments

Strategy's Saylor's explanation for bitcoin's slide isn't what bears think

Bitcoin's drop reflects capital rotation into AI, Saylor argues, but the bears have a darker reason.

Michael Saylor (Nikhilesh De/CoinDesk))

What to know:

Bitcoin has fallen about 14% over the past week and 22.7% over the past four weeks, prompting debate over the cause of the decline.
Michael Saylor argued the drop reflects…

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Source

CoinDesk Staff · CoinDesk

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