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via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$62,969.26

-0.05%

$62,969.26

-0.05%

(24s)

24h Volume

$2,177,011,338.69

24h H/L

$63,175.00 / $62,946.58

Change: $228.42 (0.36%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,072.43

▼ -0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,901.59

Resistance 2$63,882.62

Resistance 1$63,121.09

Price$63,072.43

Support 1$62,928.14

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.1

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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