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via Cointelegraph · By Cointelegraph Staff

Strategy’s Bitcoin Sale Raises Solvency Concerns As Bitcoin Crashes

BTC

BTC/USDT

$79,626.01
-1.56%
24h Volume

$17,377,299,480.50

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
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
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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