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via Cointelegraph · By Cointelegraph Staff

Strategy’s Bitcoin Sale Raises Solvency Concerns As Bitcoin Crashes

BTC

BTC/USDT

$84,069.53
-0.11%
24h Volume

$15,283,996,402.31

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels
Resistance 3$87,335.96
Resistance 2$85,667.07
Resistance 1$84,048.83
Price$84,007.02
Support 1$83,103.66
Support 2$80,169.72
Support 3$77,064.96
Pivot (PP):$84,179.33
Trend:Uptrend
RSI (14):63.9
CS
Cointelegraph Staff
(08:37 PM UTC)
1 min read
SC
Reviewed bySarah Chen

Key takeaways:

  • Strategy faces tighter short-term liquidity, but its conservative 11% net leverage protects it from forced BTC liquidations.
  • A Bitcoin rally above $70,000 remains unlikely as long as STRC trades under $100 and spot ETFs show net selling pressure.

Bitcoin (BTC) faced a 21% price correction in 10 days, retesting the $61,000 level for the first time in 4 months. This movement coincided…

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Source

Cointelegraph Staff · Cointelegraph

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