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via Cointelegraph · By Cointelegraph Staff

Saylor Says Bitcoin Slide Is Capital Rotation as Strategy Loss Grows

BTC

BTC/USDT

$79,626.01

-1.55%

$79,626.01

-1.55%

(24s)

24h Volume

$17,377,625,857.66

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0019%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

Cointelegraph Staff

(02:48 PM UTC)

1 min read

Reviewed byJames Mitchell

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…

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Source

Cointelegraph Staff · Cointelegraph

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