Bitcoin faces possible downside toward $67,000–$69,000 after Strategy disclosed a $2.54 billion purchase of 34,164 BTC. Strategy funded about 86% of the purchase through STRC sales, but STRC has traded below its $100 par value since April 15. Weaker STRC pricing may limit more Bitcoin buying this week, even after BTC rose 2.66% to about $75,800 on Monday.
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Bitcoin Faces Pullback Risk After Strategy’s $2.54B BTC Purchase
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