• bitcoinBitcoin (BTC) $ 63,204.00
  • ethereumEthereum (ETH) $ 1,822.45
  • tetherTether (USDT) $ 0.999795
  • xrpXRP (XRP) $ 1.33
  • bnbBNB (BNB) $ 586.63
  • usd-coinUSDC (USDC) $ 0.999914
  • solanaSolana (SOL) $ 76.65
  • tronTRON (TRX) $ 0.280371
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03

Strategy’s 100th Bitcoin Purchase Ever Is Its Smallest Yet in 2026

The Bitcoin-buying firm started buying BTC in August 2020, amassing about $47 billion worth at the current price.

🔗 Source

💡 DMK Insight

With Bitcoin at $64,910, a firm accumulating $47 billion worth since August 2020 signals strong institutional confidence. This kind of buying behavior isn’t just a flash in the pan; it reflects a broader trend where institutions are increasingly viewing Bitcoin as a hedge against inflation and economic uncertainty. For day traders and swing traders, this could mean increased volatility and potential breakout opportunities. Watch for key resistance levels around $65,000 and support near $62,000. If Bitcoin can hold above these levels, we might see a bullish momentum that could push prices higher. But here’s the flip side: if this firm decides to take profits or if market sentiment shifts due to regulatory news, we could see a sharp pullback. Keep an eye on market sentiment indicators and trading volumes to gauge potential reversals. The next few days will be crucial for determining Bitcoin’s short-term trajectory.

📮 Takeaway

Watch for Bitcoin to hold above $65,000 for bullish momentum; a drop below $62,000 could signal a reversal.

Leave a Reply

Navigating Success Together

Place your Ad

Trending News

  • All Posts
  • Community
  • Crypto Markets
  • DeFi & Web3
  • DMK AI Summary
  • DMK Editorials
  • DMK Press Release
  • Forex News
  • NFT & Metaverse
  • Regulation & Security
  • Tech & Innovation
  • Top News

News Categories