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via Cointelegraph · By Cointelegraph Staff

Saylor Says Bitcoin Slide Is Capital Rotation as Strategy Loss Grows

BTC

BTC/USDT

$63,898.00

+1.35%

$63,898.00

+1.35%

(24s)

24h Volume

$10,210,644,525.97

24h H/L

$64,388.00 / $62,942.00

Change: $1,446.00 (2.30%)

Long/Short

63.9%

Long: 63.9%Short: 36.1%

Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,823.81

▲ 0.44%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$65,645.03

Resistance 1$64,137.19

Price$63,823.81

Support 1$62,909.86

Support 2$61,056.47

Support 3$59,130.91

Pivot (PP):$63,798.67

Trend:Downtrend

RSI (14):38.6

Cointelegraph Staff

(02:48 PM UTC)

1 min read

Reviewed byJames Mitchell

1340 views

0 comments

Strategy’s Bitcoin holdings fell deep into paper-loss territory as BTC traded below the company’s average purchase price, renewing scrutiny of Michael Saylor’s Bitcoin treasury model.

Strategy holds 843,706 Bitcoin (BTC) acquired at an average price of $75,699 per coin, with a total cost basis of $63.8 billion. However, the latest Bitcoin downturn sank the value of Strategy’s Bitcoin reserve to…

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

Cointelegraph Staff · Cointelegraph

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