BTC faces bull trap risks due to the formation of a bear flag pattern, with a measured downside target at around $51,000.
Bitcoin beats stocks as Strategy's STRC hints at $776M BTC buying potential
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AI INSIGHT
STRC says it could deploy up to $776 million to buy Bitcoin, the strategy's managers said today. STRC says Bitcoin's price exhibits a bear-flag pattern with a measured downside target near $51,000, the managers said. Bitcoin outperformed major U.S. equities today, market data show.
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