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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

$84,065.08
+0.08%
24h Volume

$15,410,373,305.53

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate

+0.0009%

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
(04:55 AM UTC)
1 min read
MR
Reviewed byMichael Roberts

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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Source

CoinDesk Staff · CoinDesk

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