Strategy emerges as key swing factor for Bitcoin rally, Bitfinex says
Strategy emerges as key swing factor for Bitcoin rally, Bitfinex says
Bitcoin’s weekly close and retest above $73,500 could confirm the recovery, Bitfinex analysts said.Strategy held 840,447 BTC unchanged last week despite raising about $2 billion through MSTR sales.Bitfinex placed the next major Bitcoin cost-basis barrier near $86,500.Network activity remains near eight-year lows, leaving the rally dependent on sustained spot demand.