📰 Latest Updates:

Michael Saylor, the CEO of Strategy (formerly MicroStrategy), hinted again at buying more Bitcoin after issuing dedicated shares worth a billion dollars to fund the expansion of BTC holdings.

The latest optimistic forecasts for the year from Tom Lee, founder of Fundstrat, despite the current market volatility, still sees potential for Bitcoin to rise during the year.

The Golden Cross pattern has risen on the daily chart, as the short-term moving average has surpassed the long-term moving average, which strengthens bullish signals despite the correction near $100,000.

In the institutional scene, there is a race among companies to add Bitcoin to their treasuries, with reports confirming that 80 companies now own about 3.4% of the total supply, while experts believe that institutional demand could bring around $330 billion to BTC by 2029.

Maintaining Bitcoin above $100,000 for more than 4 weeks shows strong confidence in the market, and the decline in reserves on exchanges indicates an increase in long-term acquisition.

ℹ️ Important and basic information about Bitcoin:

The currency was established in 2009 by a mysterious person or group known as Satoshi Nakamoto.

The maximum supply is capped at 21 million Bitcoins—the next halving of mining rewards is expected in 2028, reducing rewards to 1.625 BTC per block.

The smallest unit is known as the satoshi, which equals 0.00000001 BTC.