Strategy Halts Bitcoin Purchases to Focus on $1.5 Billion Bond Buyback
📊 BTC — Piyasa Yorumu
▼ down · 65%The news that a major institutional player has halted Bitcoin purchases and shifted to bond buybacks could create selling pressure in the market. Technical indicators show the RSI approaching overbought territory at 64, while the MACD remains positive but may signal weakening momentum. Although the price is above the SMA20 and SMA50, this news could break the short-term uptrend. A downward move is highly probable, but a strong decline is not expected.
📊 MSTR — Piyasa Yorumu
▼ down · 65%The news that the company has halted Bitcoin purchases and shifted focus to bond buybacks could reduce confidence in the cryptocurrency market and create downward pressure on MSTR shares. Technical indicators already point to a weak position: RSI at 36 is near oversold territory, MACD is below the signal line, and the price is trading below both the 20-day and 50-day moving averages. The 3.8% decline over the past 24 hours confirms ongoing selling pressure. In the short term, the combination of this negative news and the bearish technical outlook suggests a high risk of further declines in the stock.