$BTC Breaks $87K – But Is the Bull Run Really On?
$BTC just crossed $87,000 for the first time in weeks, sparking excitement across the crypto world. The king of crypto is now trading at $87,325, up 2.4% in the past 24 hours. But some analysts say—not so fast on calling the next bull run.
This surge comes as global liquidity expands and big players double down. M2 money supply is on the rise across major economies, now totaling a massive $90.2 trillion, giving crypto more room to run.
Dominick John of Kronos Research points to rising liquidity and institutional action as key drivers. “Tightening supply + fresh demand = lift-off,” he says.
Meanwhile, Michael Saylor’s Strategy (formerly MicroStrategy) is making bold moves, scooping up 3,459 BTC despite reporting $5.91B in unrealized Q1 losses. But Saylor remains unfazed. His latest flex on X?
“Bitcoin has no counterparty risk. No company. No country. No creditor. No currency. No competitor. No culture. Not even chaos.”
Is this the start of Bitcoin’s next historic run—or just a powerful teaser?
The price action’s heating up, but many analysts urge caution. Eyes now on key resistance levels and global policy moves.