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via Cointelegraph · By Cointelegraph Staff

Saylor says Strategy may Sell Bitcoin to Inoculate Market

BTC

BTC/USDT

$59,790.00
-2.82%
24h Volume

$33,261,607,470.77

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short
68.3%
Long: 68.3%Short: 31.7%
Funding Rate

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Longs pay

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Bitcoin
Bitcoin
Daily

$59,877.47

0.14%

Volume (24h): -

Resistance Levels
Resistance 3$70,463.52
Resistance 2$63,309.38
Resistance 1$60,995.63
Price$59,877.47
Support 1$59,788.84
Support 2$58,115.01
Support 3$51,387.09
Pivot (PP):$59,484.41
Trend:Downtrend
RSI (14):30.9
CS
Cointelegraph Staff
(04:09 AM UTC)
1 min read
DK
Reviewed byDavid Kim
732 views
0 comments

Strategy executive chairman Michael Saylor said his company could sell Bitcoin to “inoculate” the market against sudden panic or to reinforce confidence in the company, in contrast to its long-standing “never sell” Bitcoin strategy.

“We’ll probably sell some Bitcoin to fund a dividend, just to inoculate the market, just to send the message that we did it,” Saylor said during the Strategy’s…

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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