Community Articles

via Cointelegraph · By Cointelegraph Staff

Strategy’s Bitcoin Sale Raises Solvency Concerns As Bitcoin Crashes

BTC

BTC/USDT

$62,944.00
+0.49%
24h Volume

$8,187,496,284.21

24h H/L

$63,461.99 / $62,415.87

Change: $1,046.12 (1.68%)

Long/Short
61.8%
Long: 61.8%Short: 38.2%
Funding Rate

+0.0036%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,964.64

-0.28%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,869.45
Resistance 1$63,170.64
Price$62,964.64
Support 1$62,905.72
Support 2$60,643.48
Support 3$57,800.19
Pivot (PP):$62,901.58
Trend:Downtrend
RSI (14):49.2
CS
Cointelegraph Staff
(08:37 PM UTC)
1 min read
SC
Reviewed bySarah Chen
500 views
0 comments

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…

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.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Cointelegraph Staff · Cointelegraph

Read original →

Comments
Comments