$BTC 📈 Market Overview

Current Price:

Market Sentiment: The Fear and Greed Index has risen from a low of 15 last week to 31, indicating a shift towards a more neutral sentiment.

Technical Analysis: Analysts are eyeing a potential retest of the $90,000 level, suggesting a bullish outlook in the near term.

Institutional Moves

• MicroStrategy's Investment: MicroStrategy, now operating as Strategy, has reverted to selling common stock to fund Bitcoin purchases. Between April 7 and April 13, the company raised approximately $285.7 million through the sale of 959,712 shares, using the proceeds to acquire 3,459 bitcoins at an average price of $82,618.

MARKETWATCH

• Meliuz's Bitcoin Strategy: Brazilian fintech company Meliuz has proposed expanding its Bitcoin reserves strategy, aiming to designate Bitcoin as the main strategic asset in its corporate treasury. A shareholder meeting is scheduled for May 6 to vote on this initiative.

Market Dynamics

• Volatility Comparison: In a rare occurrence, U.S. stock indexes have experienced higher volatility than Bitcoin over a recent 30-day period, influenced by investor reactions to developments surrounding U.S. tariffs.

MARKETWATCH

• Potential Market Impact: The imminent unlocking of

40 million Official Trump meme coins, valued at approximately $320 million, is raising concerns about a potential price drop due to dilution. These tokens are set to begin unlocking around April 17.