Targeting Bitcoin $BTC
The golden cross pattern towards $150,000, more details can be found in the following updates of cryptocurrency news.
There are expectations for Bitcoin targeting the golden cross pattern towards $150,000 as Bitcoin once again shows a historically positive signal, which is the golden cross pattern, at a time when traders are anticipating a price rise towards the $150,000 level.
BTC is currently trading at $105,597 with a daily trading volume exceeding $35 billion, after experiencing a slight decline following the formation of this pattern.
Bitcoin targeting the golden cross pattern towards $150,000 occurs when the 50-day moving average crosses above the 200-day moving average, and is traditionally viewed as the beginning of a long-term upward trend.
Targeting Bitcoin's golden cross pattern towards $150,000
Chain,,Mind, a cryptocurrency analyst followed by many investors, indicated that this decline is not surprising but resembles what happened in late 2024, when Bitcoin dropped by 10% immediately after the golden cross, before skyrocketing by over 60% in the following two months.
The current 8% decline after the crossover appears to follow the same trend, with Bitcoin targeting the golden cross pattern towards $150,000. Michael Saylor stated that there will be no more bear markets from now on... Bitcoin to a million dollars!
Michael Saylor, CEO and Chairman of Strat,,egy (MSTR), confirmed in an exclusive interview with Bloomberg his absolute confidence in Bitcoin's future, praising the company's aggressive strategy in acquiring Bitcoin. Saylor argued that the bear market is over, and the price of Bitcoin will rise to a million dollars in the long term.
Where Saylor said: “Bitcoin will not head to zero; it will head to a million dollars. The crypto winter will not return. The most dangerous period has ended.”
Speaking about the support the U.S. President and his government give to Bitcoin, Saylor explained that digital assets have now gained institutional and political legitimacy.
According to Saylor, with the rapid adoption of Bitcoin worldwide, the Japanese company Meta,pla,net stands out as an example, as the company's market value rose from $10 million to $5 billion in a short time.
Targeting Bitcoin's golden cross pattern towards $150,000
The company, which plans to raise billions of dollars in capital through the Tokyo Stock Exchange, is expected to attract significant liquidity from Japanese markets.
Saylor explained regarding Bitcoin targeting the golden cross pattern towards $150,000 that this situation creates an environment of cooperation rather than competition. He emphasized that companies contributing to the global spread of Bitcoin not only enhance their positions but also grow the entire ecosystem.
Saylor reported that Strat,,egy differs from traditional investment strategies, explaining that they do not only buy and hold Bitcoin, but also develop financial instruments that go beyond that. The company offers Bitcoin-backed credit tools, private bonds, and specifically, preferred shares backed by Bitcoin.
Saylor said they are the only company in the world capable of issuing such products, noting that they have innovated three different types of preferred shares backed by Bitcoin in the past five months. He also added that this approach gives them a unique advantage when it comes to competing with investment products in traditional financial markets.
With Bitcoin targeting the golden cross pattern towards $150,000, there is competition among bond and stock portfolios, not ETFs. According to Saylor, the company's goal is not to compete directly with Bitcoin exchange-traded funds (ETFs) or companies holding Bitcoin on their balance sheets.
Strat,,egy competes with exchange-traded funds that include traditional investment instruments such as portfolios of preferred stocks or corporate bonds.
Therefore, they are developing transparent financial products that offer higher returns to investors and rely on greater collateral. The strategy follows a different path in markets valued at over $100 trillion, by offering products that typically promise 4% higher returns, demonstrating the resilience and innovative strength that a balance sheet fully focused on Bitcoin can provide.
Saylor emphasized that no stock trader can issue preferred shares backed by Bitcoin; for that to happen, the company's balance sheet must be 100% Bitcoin. At this point, Strat,,egy's unique position in the market becomes more prominent.
Saylor said: “I do not expect competition from big names like JP Morgan (NYSE:JPM) or Berkshire Hathaway,” adding that, on the contrary, he hopes such companies will enter Bitcoin, take large positions, and drive the price to much higher levels.
He added: “When these companies buy Bitcoin, the price will reach a million dollars,” again showing how ambitious his long-term vision is. As of June 8, 2025, Strat,,egy holds a total of 582,000 Bitcoins, a significant increase from the 21,454 Bitcoins it held at the initial purchase in August 2020. The total value of their current portfolio exceeds $63 billion.
The company has achieved $8.4 billion in profits from Bitcoin investments alone by 2025. This corresponds to an average profit of $109,600 per Bitcoin, which is greater than the annual GDP of many small countries.
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