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via CoinDesk · By CoinDesk Staff

ETF flows, not Strategy's sale, remain key bitcoin driver: Citi

BTC

BTC/USDT

$62,710.01

-3.04%

$62,710.01

-3.04%

(24s)

24h Volume

$19,695,853,489.69

24h H/L

$64,805.07 / $61,938.00

Change: $2,867.07 (4.63%)

Long/Short

68.7%

Long: 68.7%Short: 31.3%

Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,254.00

▼ -2.76%

Volume (24h): -

Resistance Levels

Resistance 3$65,654.82

Resistance 2$64,293.11

Resistance 1$62,866.16

Price$62,254.00

Support 1$61,834.89

Support 2$60,524.98

Support 3$59,097.99

Pivot (PP):$62,822.46

Trend:Downtrend

RSI (14):36.2

CoinDesk Staff

(01:29 PM UTC)

1 min read

Verified byEmily Watson

1268 views

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Bitcoin's lack of fresh investors matters more than Strategy's sale, Citi says

Strategy's unloading of bitcoin may have rattled markets, but Citi said the bigger issue for BTC is a missing bid from new buyers.

Strategy's (MSTR) recent bitcoin BTC$66,881.93 sale has had an outsized impact on market sentiment, but Wall Street bank Citi does not see the move as changing the company's long-term…

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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