Will BTC Drop Below $70K Again?
Strategy has paused its Bitcoin (BTC) holdings through STRC preferred stock after failing to raise fresh capital since Friday, marking a significant reversal after two tumultuous weeks of buying.
Main Receptors:
STRC dropped below the $100 par value, which forced the strategy to stop the Bitcoin buying process.
STRC's previous decline below $100 coincided with BTC's decline.
STRC has dropped below the $100 par value
The pause coincided with STRC trading below $100, a key limitation of the strategy-at-market (ATM) delivery model.
STRC is a yield-oriented preferred stock, where income investors receive monthly dividends.
Strategy typically issues new shares at or above STRC trading to effectively raise capital. When the price falls below $100, the company must offer better terms or sell at a discount, making the product more attractive.
As a result, the funding channel will be closed, halting STRC-backed BTC purchases, which appears to have been in place since Friday.
Before the pause, Strategy was in heavy accumulation mode, buying 22,337 BTC in 2018. In the week ending March 15, it was partially supported by STRC-related sales of $1.18 billion.
A week ago, he bought another 17,994 BTC, earning roughly $377 million from STRC.
In total, Strategy added over 40,000 BTC in two weeks, with STRC serving as a key source of funds. That's about six times the total bitcoin mined in the same two-week period.
STRC fractals have hinted that BTC will drop below $70,000
Historically, STRC-driven bitcoin stocks have been aligned with short-term BTC returns.
For example, after STRC slipped below $100 in January, Bitcoin fell nearly 40% over the next three weeks.
In the year A similar setup in November 2025 predates BTC's decline by around 25%, suggesting that STRC's latest move below $100 could again raise the risk of a near-term BTC price reversal.
RELATED: Bitcoin's ‘Strong Move' Presented as Bollinger Bands Warn of Volatility
Bitcoin is likely to pull back after testing $76,000, a level that coincides with the upper boundary of the bearish flag pattern.
If the correction continues this week, BTC could slip to around $66,000–$68,000, which is in line with the pattern's lower trendline support.
A bearish flag breakout, on the other hand, threatens to send the price of Bitcoin to a low of $51,000.
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