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Crypto

Bitcoin Price Holds Steady Near $64K Amid Strategy's $216M BTC Sale

Guavy AI Editorial Team
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BTC ETH SOL
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Bitcoin's price held steady at around $63,200 on Tuesday morning, up 0.7% in the last 24 hours.

Crypto analyst Ted Pillows identified a key support zone for Bitcoin between $62,500 and $62,800, warning that a daily close below this level could send the price back to $60,000.

The market largely absorbed the news of Strategy's (MSTR) largest sale since abandoning its never-sell stance, 3,588 BTC for about $216 million, without breaking Bitcoin's recovery.

Solana and Ethereum outperformed Bitcoin over the past 24 hours, with Solana rising 1.3% to over $81 and Ethereum trading at around $1,770.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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