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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

$63,316.00
+0.82%
24h Volume

$10,496,015,970.32

24h H/L

$63,999.00 / $62,436.59

Change: $1,562.41 (2.50%)

Long/Short
61.6%
Long: 61.6%Short: 38.4%
Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,294.69

-0.56%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,645.13
Resistance 1$63,753.10
Price$63,294.69
Support 1$62,945.16
Support 2$60,978.03
Support 3$57,800.19
Pivot (PP):$63,450.23
Trend:Downtrend
RSI (14):50.3
CS
CoinDesk Staff
(04:55 AM UTC)
1 min read
MR
Reviewed byMichael Roberts
1372 views
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…

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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