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via The Block · By The Block Editorial

Strategy's STRC may be fueling recurring mid-month bitcoin rallies, K33 says

BTC

BTC/USDT

$64,119.00

+1.43%

$64,119.00

+1.43%

(24s)

24h Volume

$14,313,256,669.11

24h H/L

$64,692.83 / $62,926.01

Change: $1,766.82 (2.81%)

Long/Short

58.3%

Long: 58.3%Short: 41.8%

Funding Rate

+0.0036%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,044.40

▲ 1.29%

Volume (24h): -

Resistance Levels

Resistance 3$69,006.61

Resistance 2$67,087.81

Resistance 1$64,653.24

Price$64,044.40

Support 1$63,798.97

Support 2$58,463.05

Support 3$50,986.64

Pivot (PP):$62,811.76

Trend:Downtrend

RSI (14):53.3

The Block Editorial

(01:27 PM UTC)

1 min read

Reviewed bySarah Chen

820 views

0 comments

Strategy's perpetual Stretch preferred stock, STRC, is likely driving strong mid-month performance for bitcoin, according to research and brokerage firm K33, creating a supportive short-term demand dynamic for the market.

Bitcoin (BTC) posted strong returns during the middle week of March and April, a pattern that Head of Research Vetle Lunde suggested in a new report could continue this week.…

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.

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The Block Editorial · The Block

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