Strategy Shifts Away from Full Bitcoin Allocation
Strategy, an investment firm, has made some changes to its approach to Bitcoin. The company is shifting away from allocating all of its capital raises to BTC and instead building a strategic USD reserve. This new plan includes selling limited amounts of BTC when beneficial, in order to balance liquidity needs with continued long-term accumulation as a net buyer.
The move comes at a time when the price of BTC sits at $63,962.99, below the EMA50 resistance at $64,447.23 but above the EMA200 support at $63,954.68. Technical indicators such as the neutral RSI of 45.01 and MACD golden cross point to consolidation in the near term.
This could be followed by a move towards upper Bollinger resistance at $65,051.36 before any deeper test of lower band support near $63,151.23. This is shaping the near-term BTC price prediction amid shifting institutional flows.