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via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$84,056.78
-0.09%
24h Volume

$15,205,271,288.53

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short
58.3%
Long: 58.3%Short: 41.7%
Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels
Resistance 3$87,335.96
Resistance 2$85,667.07
Resistance 1$84,048.83
Price$84,007.02
Support 1$83,103.66
Support 2$80,169.72
Support 3$77,064.96
Pivot (PP):$84,179.33
Trend:Uptrend
RSI (14):63.9
CS
CoinDesk Staff
(12:26 PM UTC)
1 min read
EW
Approved byEmily Watson

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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