#MetaplanetBTCPurchase $BTC
📈 Market Snapshot & Technicals
Price Range & Volatility
BTC recently dipped below $105K (near $103–104K), then rebounded above $105K amid FOMC and Middle East headlines .
On June 18, it traded around $105.6K, down ~1.2% from the day before; support at $105.5K, resistance around $108K–109K .
Technicals & Potential Moves
Analysts suggest BTC could rally ~25% if it holds above $102K–104K .
A short-term bullish breakout may come if BTC clears $108.2K–$108.9K .
---
💼 Institutional & Corporate Activity
MicroStrategy's Major BTC Buy
Between June 9–15, MicroStrategy raised $1 billion via preferred stock and purchased ~10,100 BTC. They now hold ~592,100 BTC, valued at $41.8B .
Analyst Lance Vitanza brands this as “highly accretive”, reinforcing institutional confidence .
BlackRock’s Accumulation
BlackRock added 2,454 BTC to its portfolio, bringing its total to 674,000 BTC—signaling growing institutional demand .
---
🔧 Policy, Regulation & Institutions
Geopolitical & Fed Pressure
Ongoing Israel–Iran tensions and FOMC uncertainties keep BTC volatile—cryptocurrencies dropped ~0.7% during recent turmoil .
Strong U.S. Regulatory Tailwinds
Senate passed the GENIUS stablecoin bill, targeting consumer protections and 1:1 reserves .
Growing alignment between BTC and political developments (e.g., institutional support) could signal broader mainstream adoption .
---
🏛️ Conferences & Industry Events
**Bitcoin 2025 Conference (Las Vegas)**
Featured 35K+ attendees including political heavyweights like Trump Jr. and GOP figures; highlights a shift from grassroots to political-institutional influence .
**Nakamoto Holdings at ICR (June 20)**
Webinar “HODL On Tight” will cover corporate treasury strategies and balance-sheet Bitcoin approaches .
---
🔍 What to Watch & Next Catalysts
Macro triggers: Upcoming CPI/PCE data, the FOMC decision, and evolving Middle East developments.
Technical levels: $108K–109K resistance—clear break could signal next leg to
