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Michael Saylor: corporate adoption is pushing bitcoin to a new rally
Co-founder of MicroStrategy Michael Saylor stated that by the end of the year, bitcoin is preparing for a new rally. According to him, the continuous purchases from exchange-traded funds and large companies are literally "eating up all the natural supply of BTC," which is formed by miners.
Saylor highlighted two categories of corporate buyers:
Operating companies that choose bitcoin instead of dividends and share buybacks.
Firms with bitcoin reserves using BTC as a basis for creating digital credit instruments.
He emphasized that there is a growing demand for such instruments in traditional capital markets, and bitcoin is becoming the ideal type of "digital capital."
Previously, Saylor noted that a decrease in volatility could make BTC "a boring cryptocurrency," which, in his opinion, would only strengthen its role as a reliable asset.
#BitcoinDunyamiz #RallyBTC #btc
$BTC
Co-founder of MicroStrategy Michael Saylor stated that by the end of the year, bitcoin is preparing for a new rally. According to him, the continuous purchases from exchange-traded funds and large companies are literally "eating up all the natural supply of BTC," which is formed by miners.
Saylor highlighted two categories of corporate buyers:
Operating companies that choose bitcoin instead of dividends and share buybacks.
Firms with bitcoin reserves using BTC as a basis for creating digital credit instruments.
He emphasized that there is a growing demand for such instruments in traditional capital markets, and bitcoin is becoming the ideal type of "digital capital."
Previously, Saylor noted that a decrease in volatility could make BTC "a boring cryptocurrency," which, in his opinion, would only strengthen its role as a reliable asset.
#BitcoinDunyamiz #RallyBTC #btc
$BTC
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🔥 $BTC stabilizes at $118K after slight correction — heading towards another rally?
📊 Current price and clear technical structure
Bitcoin is trading at $118,154, after fluctuating between $117,205 and $118,289 intraday. Although the price has dropped from $123K a few days ago, it now forms an ascending wedge that often precedes bullish breakouts.
⚙️ Key factors
Despite $131 M in ETF outflows yesterday, the week still shows +$2,700 M in net inflows.
SpaceX moved 1,308 BTC (~$153 M) from an inactive wallet, signaling institutional relocation.
Record open interest: open contracts in derivatives exceed $44 B, reflecting active speculation despite the drop.
Deutsche Bank projects that Bitcoin could reach $140K by the end of the year, driven by optimistic analysts like Gerry O’Shea.
🔧 Technical level of the day
Support: $117,000–$118,000 (wedge foundation)
Resistance: $118,300–$120,000
Critical zone: if BTC remains above $118K, it could bounce back towards $122K–$123K
🌐 Institutional outlook / macro vision
Institutional capital remains strong despite profit-taking. High ETF flows, large capital movements like SpaceX, and growing interest suggest that BTC remains the core of the current cycle.
Do you think BTC will return to $123K this week or will we see more consolidation? Share your view 👇
🔔 Follow us for nightly and institutional analysis:
#Bitcoin #BTC #CryptoVision #BinanceSquare #RallyBTC
📊 Current price and clear technical structure
Bitcoin is trading at $118,154, after fluctuating between $117,205 and $118,289 intraday. Although the price has dropped from $123K a few days ago, it now forms an ascending wedge that often precedes bullish breakouts.
⚙️ Key factors
Despite $131 M in ETF outflows yesterday, the week still shows +$2,700 M in net inflows.
SpaceX moved 1,308 BTC (~$153 M) from an inactive wallet, signaling institutional relocation.
Record open interest: open contracts in derivatives exceed $44 B, reflecting active speculation despite the drop.
Deutsche Bank projects that Bitcoin could reach $140K by the end of the year, driven by optimistic analysts like Gerry O’Shea.
🔧 Technical level of the day
Support: $117,000–$118,000 (wedge foundation)
Resistance: $118,300–$120,000
Critical zone: if BTC remains above $118K, it could bounce back towards $122K–$123K
🌐 Institutional outlook / macro vision
Institutional capital remains strong despite profit-taking. High ETF flows, large capital movements like SpaceX, and growing interest suggest that BTC remains the core of the current cycle.
Do you think BTC will return to $123K this week or will we see more consolidation? Share your view 👇
🔔 Follow us for nightly and institutional analysis:
#Bitcoin #BTC #CryptoVision #BinanceSquare #RallyBTC
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