--

A Bitcoin bullish signal that many people haven’t noticed is quietly emerging. STRC just climbed to $97.76, hitting a new 3-month high. Now, it’s just one step away from the key price: $100. Why is $100 so important? Because STRC is one of the preferred stock instruments issued by Strategy, and its market pricing indirectly reflects investors’ confidence in Strategy’s financing capabilities and the demand for Bitcoin in the capital market. If STRC can reclaim the $100 par value or even go above it, it would indicate that the market’s confidence in this “financing → buying BTC” capital machine is recovering. And for Bitcoin, this could be a bullish signal worth paying attention to As of now: STRC: $97.76 Key level: $100 Just about 2.3% away. Everyone is watching BTC’s candlestick chart. But the signals truly worth noting sometimes appear in markets outside of BTC first. I’ll be keeping a close eye on this: Can STRC break back above $100?

Pic
Loading...