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via CoinDesk · By CoinDesk Staff

Bitcoin isn't crashing because of Saylor, it's losing the momentum trade

BTC

BTC/USDT

$84,056.78

-0.08%

$84,056.78

-0.08%

(24s)

24h Volume

$15,197,939,483.18

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

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

CoinDesk Staff

(06:48 PM UTC)

1 min read

Updated byJames Mitchell

0 comments

Bitcoin's recent weakness reflects a broader rotation into AI, IPOs and other momentum trades rather than concerns about Michael Saylor's bitcoin sales, according to Charles Schwab's Jim Ferraioli.

Bitcoin's BTC$66,924.57 recent struggles to rise in tandem with U.S. stocks has sparked a wave of explanations, from concerns about Michael Saylor's Strategy (MSTR) selling bitcoin to questions about…

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Source

CoinDesk Staff · CoinDesk

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