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via Cointelegraph · By Cointelegraph Staff

Bitcoin Bulls Target $100K as Strategy’s STRC Enables More BTC Buying This Week

BTC

BTC/USDT

$59,308.00

-0.91%

$59,308.00

-0.91%

(24s)

24h Volume

$34,524,043,409.99

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short

71.4%

Long: 71.4%Short: 28.6%

Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$59,602.04

▼ -2.42%

Volume (24h): -

Resistance Levels

Resistance 3$64,233.94

Resistance 2$62,909.86

Resistance 1$61,023.09

Price$59,602.04

Support 1$59,466.36

Support 2$58,115.01

Support 3$51,387.09

Pivot (PP):$59,893.15

Trend:Downtrend

RSI (14):30.2

Cointelegraph Staff

(12:29 PM UTC)

1 min read

Reviewed byMichael Roberts

1236 views

0 comments

Bitcoin (BTC) may reach $100,000 by June as Strategy’s renewed buying power and falling stablecoin dominance suggest liquidity is returning to crypto.

Key takeaways:

Michael Saylor's Strategy may purchase at least 3,127 BTC this week via the sales of STRC shares.
Falling crypto market dominance of USDT and USDC stablecoins increases BTC's odds of reaching $100,000.

Strategy resumes Bitcoin buying as…

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

Cointelegraph Staff · Cointelegraph

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