Source: CoinTelegraph ↗
BTC price loses 200-week trend line as 2022 repeats: Five things to know in Bitcoin this week
What the source reports
Bitcoin confirmed a weekly candle close below its 200-week moving average, copying the 2022 bear-market as traders warn of further BTC price downside next.
Read the original report on CoinTelegraph ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →Strategy Leaves Bitcoin Untouched, Raises $334M Selling MSTR Stock
The Bitcoin treasury firm halted BTC sales after three weeks, with equity issuance covering dividends, a STRC buyback and the dollar reserve.
Strategy raises $334M through stock sales but buys no Bitcoin
Proceeds funded STRC dividends and repurchases, while $149.1 million was added to Strategy’s US dollar reserve, which reached $4.8 billion.
No change in bitcoin holdings as Strategy boosted dollar reserve, bought back more STRC last week
Led by Executive Chairman Michael Saylor, the company raised $333.7 million via the sale of common stock.