Bitcoin recently dropped to around $68,698, approaching its 200-week moving average near $68,000, a level Strive CEO Matt Cole considers favorable for increasing investment. Following this dip, Strive's Bitcoin amplification ratio rose above 70%, helped by the launch of SATS, a preferred stock product that allows Strive to issue shares even during downturns. Cole projects the ratio will be 30% by the end of 2025 and 55% by late 2026, reflecting confidence in Bitcoin's longer-term growth despite short-term volatility. SATS offers investors a preferred claim structure but no direct Bitcoin ownership, providing a unique way to gain exposure to the crypto market.
The story about Bitcoin's $68,000 200-week average is presented here with Pluang's cryptocurrency market data as context. As of Nov 13, 2026 15:02 WIB, 12 out of 50 major cryptocurrencies on Pluang rose while 37 fell. Notable movers include BAT with a 4.94% increase and AAVE with a 4.28% decrease in price.
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