Bitcoin bulls shake off Strategy's $216M BTC sale as price overtakes $64K

CoinTelegraph·

Bitcoin bulls shake off Strategy's $216M BTC sale as price overtakes $64K

60-second summary

Bitcoin reverses course from its Monday open selloff and closes the day above $64,000 as bulls begin to price in Strategy's selling, a $216 million BTC sale that initially weighed on the market. Market sentiment shifts as bulls gain traction, pushing the price above key resistance, potentially signaling a renewed upward momentum in the cryptocurrency market.

Bitcoin reversed course from its Monday open selloff and closed the day above $64,000 as bulls began to price in Strategy’s selling.