Disclosure: The author of this story owns shares in Strategy (MSTR). Michael Saylor, the executive chairman of Strategy (MSTR), the largest publicly traded corporate holder of bitcoin , announced Monday on X the purchase of 535 bitcoin for roughly $43 million at an average price of about $80,340 per coin The purchases bring the company’s
Disclosure: The author of this story owns shares in Strategy (MSTR). When executive chairman Michael Saylor confirmed on Strategy’s (MSTR) Q1 2026 earnings call on May 6 that the company was prepared to sell bitcoin, it appeared to mark a shift for the world’s largest publicly traded corporate holder of the cryptocurrency. But the move
The leading cryptocurrency, Bitcoin ($BTC), started the new week above $80,000, while continuing to be affected by developments between the US and Iran. While bullish predictions for Bitcoin continue, Markus Thielen, CEO of 10x Research, known for his accurate predictions, stated that the $BTC price could reach $88,000. Thielen argued that Bitcoin’s rise is driven
Macro strategist Raoul Pal says the probability of a bitcoin supercycle has risen significantly, citing debt monetization pressures, a historic global capital expenditure boom, and structural shifts in how governments are managing sovereign debt. Key Takeaways: Raoul Pal sees rising supercycle odds driven by debt monetization and the largest capex boom in history. Bitcoin’s 90%
After Bitcoin ($BTC) price struggled to rally beyond $82,200 last week, trading expert Michaël van de Poppe has issued a near-term prediction. Bitcoin price remains on an upward trajectory despite its recent correction, according to analysis from Poppe shared on May 11, 2026. He argued that $BTC price has strong bullish momentum because it has
Bitcoin is testing a weekly breakout setup that has appeared only 10 times since 2011, according to the chart. The pattern’s minimum historic gain points to a possible $138,836 target, while $72,988 remains the key drawdown level. Bitcoin Rejected at Channel Resistance as $BTC Holds Micro Support Near $80K Bitcoin traded near $80,690 on the
Bitcoin climbed back above $82,000 on Monday before reversing lower. The trigger was four words from President Trump posted on social media: “I don’t like it.” Within minutes of the post, Bitcoin dropped nearly $1,200 from around $81,500 to $80,300. BREAKING: President Trump responds to Iran’s response to the US’ 14-point peace proposal: “I have
Strategy, the largest institutional Bitcoin bull, was making headlines with its weekly purchases in the market. However, last week, Strategy founder Michael Saylor signaled a Bitcoin ($BTC) sell-off for the first time. While this situation caused surprise in the market, Strategy CEO Phong Le spoke about the $BTC sell-off announcements. Accordingly, Le, who gave the
Bitcoin price started a fresh increase and cleared the $81,500 zone. $BTC is consolidating and might aim for more gains above the $82,450 level. Bitcoin managed to stay above $79,200 and started a fresh increase. The price is trading above $80,750 and the 100 hourly simple moving average. There is a bullish trend line forming
Bitcoin briefly dipped before surging over $82,000 on Sunday as US President Donald Trump rejected Iran’s counteroffer to a peace deal, which could prolong tension in the Middle East. “I don’t like it — TOTALLY UNACCEPTABLE, Trump said in a post to Truth Social on Sunday after reading Iran’s proposal to end the war. Iran