Bitcoin briefly tapped $61,500 Thursday, soon after Strategy (MSTR) executive chairman Michael Saylor sold 32 Bitcoin. The cryptocurrency continued to decline, falling below $60,000 Friday. Charles Schwab's Nathan Peterson says the move is significant due to Saylor's position in the crypto space and makes the case that the price of Bitcoin is important to Strategy. It comes as JPMorgan Chase (JPM) CEO Jamie Dimon says he vows to fight the Clarity Act. Nate then tackles the latest price action in Bitcoin and offers insight on the support and resistance levels he sees in the cryptocurrency futures.
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