Guys, Saylor is making another big move today! Strategy just bought another 250 BTC, bringing its total holdings to 848,250 BTC, at an average cost of around $75,444. The price is hovering near $81,500, so its paper gains are still pretty substantial—around several billion dollars. This guy is seriously committed. No matter what people say about ETF outflows, a weak macro environment, or oil price swings, he’s determined to keep accumulating. Last week’s purchase was a little smaller than before, but his strategy hasn’t changed at all. He also repurchased $192 million worth of STRC preferred stock. It feels like he’s telling the market through his actions: Bitcoin is hard money, and the long-term outlook is solid.
Personally, I think continued buying by publicly listed companies helps put a floor under the whole market. Sure, $681 million in short-term ETF outflows is a bit alarming, and the price has pulled back from $84K to around $81K, but it hasn’t broken the strong support at $80K, which shows there’s still solid buying interest. Institutions are gradually treating Bitcoin as a reserve asset, and this narrative isn’t over yet. Just look: since starting to accumulate in 2020, they now hold more than 4% of the total supply. That’s no small thing.
For trading, if you’re trading futures, watch resistance around $82K and support at $80K–$81K. A break above $85K could kick off the next leg up. Don’t use too much leverage. Volatility isn’t especially high right now, but the CPI data comes out on the 14th, and it could bring either a pleasant surprise or a nasty shock. If you’re holding spot, just keep holding and don’t let short-term noise scare you out. I’m watching this level too and think there’s still room to run, but risk always needs to be managed.
Guys, the market is always like this: some people panic while others get greedy. Saylor is one of the determined ones. Keep an eye on it, and let’s watch it together.
Tap follow, and you’ll get the next update sooner!
Personally, I think continued buying by publicly listed companies helps put a floor under the whole market. Sure, $681 million in short-term ETF outflows is a bit alarming, and the price has pulled back from $84K to around $81K, but it hasn’t broken the strong support at $80K, which shows there’s still solid buying interest. Institutions are gradually treating Bitcoin as a reserve asset, and this narrative isn’t over yet. Just look: since starting to accumulate in 2020, they now hold more than 4% of the total supply. That’s no small thing.
For trading, if you’re trading futures, watch resistance around $82K and support at $80K–$81K. A break above $85K could kick off the next leg up. Don’t use too much leverage. Volatility isn’t especially high right now, but the CPI data comes out on the 14th, and it could bring either a pleasant surprise or a nasty shock. If you’re holding spot, just keep holding and don’t let short-term noise scare you out. I’m watching this level too and think there’s still room to run, but risk always needs to be managed.
Guys, the market is always like this: some people panic while others get greedy. Saylor is one of the determined ones. Keep an eye on it, and let’s watch it together.
Tap follow, and you’ll get the next update sooner!