Bitcoin is consolidating. The bears are getting restless. And one number keeps coming up in discussions: 74,000 $.
It's not a coincidence. It's the average purchase price of Michael Saylor for his 650,000 BTC held via Strategy.
WHY 74K IS THE KEY LEVEL
SAYLOR has accumulated more than 3% of all Bitcoin in circulation. His average cost? 74,436 $ according to his latest statements.
Technically, Strategy will not be
not "liquidated" at this level — the real theoretical liquidation would be around 16,500-20,000 Ş according to analysts. But psychologically, it's a different story.