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via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$62,751.82

-2.55%

$62,751.82

-2.55%

(24s)

24h Volume

$19,184,797,434.24

24h H/L

$64,438.67 / $62,272.07

Change: $2,166.60 (3.48%)

Long/Short

66.3%

Long: 66.3%Short: 33.7%

Funding Rate

-0.0006%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,540.08

▼ -0.66%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,753.77

Resistance 1$62,954.21

Price$62,540.08

Support 1$61,848.32

Support 2$60,353.46

Support 3$52,679.32

Pivot (PP):$62,655.60

Trend:Downtrend

RSI (14):33.9

CoinDesk Staff

(12:26 PM UTC)

1 min read

Approved byEmily Watson

1436 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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