Michael Saylor Releases New Bitcoin Tracker Information
(Technical analysis at the end of the post)
According to PANews, Michael Saylor – the founder and CEO of MicroStrategy – announced a new update related to Bitcoin Tracker, reflecting his ongoing interest in monitoring Bitcoin movements and investing in it for the long term. Historically, MicroStrategy has disclosed details of its Bitcoin purchases the day after these announcements, making these updates a focal point for investors and analysts.
Current Bitcoin Price
As of May 18, 2025, the price of Bitcoin (BTC) is trading at $103,969, up +1.06% over the last 24 hours, with a market capitalization exceeding $2 trillion, according to Binance data.
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Quick Technical Analysis of Bitcoin:
Overall Trend: Moderately bullish with strong support around the $101,000 level and current resistance at $105,000.
Indicators:
RSI is moving in the 60 zone, indicating positive momentum without overbought conditions.
The 50-day moving average supports the uptrend as long as the price remains above $102,000.
Forecast: If technical support and institutional drivers continue, we may see an attempt to break through the $105,000 level and reach $107,500 over the next week.
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Do you think Michael Saylor intends to buy again?
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