📉Why is Bitcoin stuck at $150,000? Saylor reveals: Short-term holders are cashing out, the 'baton' of the bull market is being passed to institutions🔥
After Bitcoin surged to a high of $109,000 in January, it has been fluctuating and correcting, leaving many confused: Is it unable to rise? Saylor, the founder of Strategy, interprets this as a sign of healthy market rotation📊. Short-term holders are selling at the highs, while ETFs and institutional investors are quietly picking it up, forming long-term support🧱.
Data shows that spot Bitcoin ETFs have attracted over $560 million in the past 5 days💰, and Strategy holds 555,450 BTC, with a paper gain of up to 50%! 🤑
At the same time, technical indicators show that Bitcoin is in a key consolidation zone⚖️: MACD is slowing, RSI is neutral, and the Bollinger Bands are tightening, with the price waiting for a directional breakout near $103,200⏳.
Saylor believes that this round of the bull market is far from over, and the entry of steadfast investors may lay a solid foundation for the upcoming surge📈. Breaking through the resistance at $103,340 may ignite a new wave of market activity! 🚀