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Strategy’s Phong Le Explains Why They Sold Bitcoin at $60K, Bought at $80K

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Strategy sold roughly 7,000 bitcoin at $60,000 to $65,000 this summer, then bought 4,603 back at $80,318. CEO Phong Le says both trades were right, and the numbers behind that claim deserve a closer look. Sell Low, Buy High? Le Says That Is the Wrong Question This summer, Strategy sold about 7,000 BTC in the […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Single entity's trading activity has limited market impact.

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Strategy’s Phong Le Explains Why They Sold Bitcoin at $60K, Bought at $80K — Crypto Insight