Surging trading volume in STRC suggests strong bitcoin buying by the largest publicly traded holder of the cryptocurrency.
Strategy’s STRC stock signals 1,000 BTC purchase in biggest-one day issuance since July
Surging trading volume in STRC suggests strong bitcoin buying by the largest publicly traded holder of the cryptocurrency.
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RSI and OBV readings on lower timeframes suggest short-term exhaustion, but macro sentiment remains net bullish.
Citi's $243 price target suggests roughly 34% upside from last night's close just above $181.
“This sharp move appears to be the result of overleveraged positioning, particularly following ETH’s recent run-up, and an overnight dip in the S&P 500, which weighed on risk assets more
The cryptocurrency is trading below key ETF cost levels and nearing its pre-election price floor as inflows to these vehicles fade and headwinds build, the bank said.