Community Articles

via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$64,430.01
+0.44%
24h Volume

$4,540,454,741.33

24h H/L

$64,599.95 / $63,810.00

Change: $789.95 (1.24%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

+0.0000%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,512.08

0.21%

Volume (24h): -

Resistance Levels
Resistance 3$70,467.59
Resistance 2$66,379.48
Resistance 1$64,562.78
Price$64,512.08
Support 1$64,050.00
Support 2$62,909.86
Support 3$61,544.56
Pivot (PP):$64,220.09
Trend:Uptrend
RSI (14):51.3
CS
CoinDesk Staff
(01:29 PM UTC)
1 min read
EW
Verified byEmily Watson
1268 views
0 comments

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.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CoinDesk Staff · CoinDesk

Read original →

Comments
Comments