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via CoinDesk · By CoinDesk Staff

Bitcoin can drop to $30,000 but Strategy won't sell, BTC miner says

BTC

BTC/USDT

$79,630.90

-1.73%

$79,630.90

-1.73%

(24s)

24h Volume

$17,605,596,310.89

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

-0.0016%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

CoinDesk Staff

(04:55 AM UTC)

1 min read

Reviewed byMichael Roberts

0 comments

Chinese mining CEO says Strategy can survive a $30,000 bitcoin without selling

Jiang Zhuoer of BTC.TOP called the week's sell-off speculation overblown, arguing Strategy's small debt and the design of its preferred shares let it keep buying.

Bitcoin BTC$63,275.43 can drop down to $30,000 but still won't impact Strategy's BTC plans.

That's from Jiang Zhuoer, chief executive of BTC.TOP, one of…

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CoinDesk Staff · CoinDesk

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