Bitcoin (BTC) circled $63,000 after Tuesday’s Wall Street open as chip companies led a dip in US stocks.Key points:Bitcoin attempts to hold $63,000 after seeing its highest levels in two weeks.US stock markets see a correction on the day SpaceX joins the Nasdaq-100.Bollinger Bands creator John Bollinger continues to eye a long-term BTC price reversal.BTC price comes off two-week highs as US stocks fallData from TradingView showed BTC price action cooling after a trip to $64,660 — its highest point since June 22.BTC/USD one-day chart. Source: Cointelegraph/TradingViewBTC/USD surfed a comedown in US equities, with the S&P 500 and Nasdaq 100…

Strategy’s $216 million Bitcoin sale on Monday should be seen as a positive development for the price of Bitcoin and as a move that renews confidence in STRC, according to analysts.The sale of 3,588 BTC to fund preferred stock dividend payments and replenish cash has boosted Strategy’s dollar reserves to cover 17 months of dividend payments. “The rebound in STRC suggests investors are responding positively to this decision,” Grayscale Research said Monday.Andri Fauzan Adziima, research lead at Bitrue Research Institute, told Cointelegraph that Strategy’s recent sale was a “smart, stabilizing move that actually strengthens the setup for Bitcoin.”Zach Pandl, Grayscale’s…

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