Strategy Bears Outperform Bitcoin Bears, Breach Pivotal Bull Market Support

This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.

Strategy (MSTR) bears have pierced a key bull market support, leaving bitcoin (BTC) bears trailing behind.

The technical breakdown centres around the Strategy share price’s recent breach of its 50-week simple moving average (SMA). This SMA …