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via Decrypt · By Decrypt Editorial

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

BTC

BTC/USDT

$84,306.00

+0.70%

$84,306.00

+0.70%

(24s)

24h Volume

$20,853,524,323.56

24h H/L

$84,942.45 / $82,874.93

Change: $2,067.52 (2.49%)

Long/Short

57.4%

Long: 57.4%Short: 42.6%

Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,264.00

▼ -0.17%

Volume (24h): -

Resistance Levels

Resistance 3$94,549.91

Resistance 2$86,763.46

Resistance 1$84,366.01

Price$84,264.00

Support 1$83,209.30

Support 2$77,001.87

Support 3$75,259.66

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):64.9

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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