Strategy's Michael Saylor Blames 'Capital Rotation' Into AI as Bitcoin Dives 13%

BTC

BTC/USDT

$79,864.17

+0.46%

$79,864.17

+0.46%

(24s)

24h Volume

$6,526,588,397.51

24h H/L

$79,877.07 / $79,383.00

Change: $494.07 (0.62%)

Long/Short

52.8%

Long: 52.8%Short: 47.2%

Funding Rate

-0.0027%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,732.35

▲ 0.09%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,916.17

Price$79,732.35

Support 1$79,635.96

Support 2$76,174.33

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.6

Decrypt Editorial

(06:06 PM UTC)

1 min read

Michael Saylor pointed to the unprecedented AI buildout as a reason for Bitcoin's recent decline.
The Strategy chairman highlighted more than $4 billion in ETF outflows as proof of capital rotation.
Bitcoin has fallen alongside MSTR shares, dipping 22% and 30% respectively over the last month.

Strategy co-founder and chairman Michael Saylor said the flight of capital into artificial…