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via Cointelegraph · By Cointelegraph Staff

Saylor Says Bitcoin Slide Is Capital Rotation as Strategy Loss Grows

BTC

BTC/USDT

$63,079.75

+0.04%

$63,079.75

+0.04%

(24s)

24h Volume

$2,295,871,597.50

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,064.11

▼ -0.03%

Volume (24h): -

Resistance Levels

Resistance 3$64,901.59

Resistance 2$63,882.30

Resistance 1$63,118.50

Price$63,064.11

Support 1$62,882.63

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.0

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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