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via Cointelegraph · By Cointelegraph Staff

Strategy’s Bitcoin Sale Raises Solvency Concerns As Bitcoin Crashes

BTC

BTC/USDT

$63,079.75
+0.04%
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
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
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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