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via Decrypt · By Decrypt Editorial

Will Strategy's Peers Dump Bitcoin Now? Not so Fast, Analysts Say

BTC

BTC/USDT

$72,626.62

+5.12%

$72,626.62

+5.12%

(24s)

24h Volume

$35,266,698,848.49

24h H/L

$73,110.70 / $68,902.22

Change: $4,208.48 (6.11%)

Long/Short

51.3%

Long: 51.3%Short: 48.7%

Funding Rate

-0.0003%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$72,714.00

▲ 4.87%

Volume (24h): -

Resistance Levels

Resistance 3$78,568.57

Resistance 2$76,859.07

Resistance 1$73,670.99

Price$72,714.00

Support 1$72,666.77

Support 2$70,580.26

Support 3$67,062.90

Pivot (PP):$67,833.60

Trend:Uptrend

RSI (14):79.9

Decrypt Editorial

(04:31 PM UTC)

1 min read

Reviewed byJames Mitchell

0 comments

In brief

Bitcoin treasury firm Strategy sold Bitcoin for the first time since 2022 Monday, offloading 32 BTC for $2.5 million.
Analysts argued that other digital asset treasuries are unlikely to follow suit, with their individual finances a determining factor in whether they sell their crypto holdings.
Strategy’s BTC sale is “showing its Bitcoin holdings are one of several funding tools it can…

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