Bitcoin continues to respect the October 2023 trendline, with no weekly close below it so far. Price is holding within the cyclical Fibonacci pullback zone, which keeps the broader structure intact.
A break and hold above $93.2k opens the door to $98.3k, followed by $106k.
Weekly RSI still needs a close back above the 50 line to fully confirm a renewed bullish trend.
Daily RSI has already flipped bullish, holding above 50 for the first time since October, a positive early signal.
Support range $84k/$80k.
@cryptomanran@saylor Preferred shares often trade below par because their market price reflects current interest rates, the yield investors demand and the issuers credit risk. This is not unique to STRC.
INTEL: Strategy sold 4.82M shares for $466.7M last week and made no bitcoin:native purchases, leaving holdings unchanged at 843,775 bitcoin:native and cash reserves at $3.0B
INTEL: Strategy sold 4.82M shares for $466.7M last week and made no bitcoin:native purchases, leaving holdings unchanged at 843,775 bitcoin:native and cash reserves at $3.0B
Because these bonds are not just held by the country. These bonds are held by entities including investment funds, pension funds, insurance companies, and corporations. In Ireland most of these bonds are held by US corporations domiciled in Ireland.
For El Salvador these bonds are likely held by tether they formally moved operations there in January 2025