Crypto Vesting

Michael Saylor’s Strategy, the world’s largest public corporate Bitcoin holder, has announced its smallest Bitcoin purchase on record.

Strategy on March 17 officially announced its latest 130 Bitcoin (BTC) acquisition, bought for around $10.7 million in cash, or at an average price of roughly $82,981 per BTC.

The latest Bitcoin purchase was made using proceeds from the “STRK ATM,” a new Strategy program looking to raise up to $21 billion in fresh capital to acquire more BTC.

Strategy’s new 130 BTC buy is the smallest one ever recorded since the company announced its first purchase of 21,454 BTC for $250 million in August 2020.

Strategy is 774 BTC away from holding 500,000 BTC

With the new purchase, Strategy and its subsidiaries now hold 499,226 BTC, acquired at an aggregate purchase

Read More at https://cointelegraph.com/news/michael-saylor-strategy-records-smallest-bitcoin-purchase?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742223653011&utm_campaign=rss_partner_inbound

Michael Saylor’s Strategy, the world’s largest public corporate Bitcoin holder, has announced its smallest Bitcoin purchase on record.

Strategy on March 17 officially announced its latest 130 Bitcoin (BTC) acquisition, bought for around $10.7 million in cash, or at an average price of roughly $82,981 per BTC.

The latest Bitcoin purchase was made using proceeds from the “STRK ATM,” a new Strategy’s program looking to raise up to $21 billion in fresh capital to acquire more BTC.

Strategy’s new 130 BTC buy is the smallest one ever recorded since the company announced its first purchase of 21,454 BTC for $250 million in August 2020.

Strategy is 774 BTC away from holding 500,000 BTC

With the new purchase, Strategy and its subsidiaries now hold 499,226 BTC, acquired at an aggregate purchase

Read More at https://cointelegraph.com/news/michael-saylor-strategy-records-smallest-bitcoin-purchase?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin’s (BTC) stochastic RSI has printed a bullish cross with a history of preceding sharp price rebounds.

Stochastic RSI tracks momentum based on price movements relative to their range over a given period. This classic indicator operates between 0 and 100, with values above 80 considered overbought and below 20 deemed oversold.

BTC/USDT weekly price chart. Source: TradingView/Merjin The Trader

A crossover of the blue %K line above the orange %D line from an oversold region technically suggests growing upward momentum.

Another $120,000 BTC price target emerges

Historical fractals show that each time the weekly stochastic RSI made the bullish cross, Bitcoin underwent sharp price recoveries within three to five months. Its gains have averaged at around 56% during such rebounds, ̛including rallies that extended beyond the 90%-return mark.

BTC/USD weekly price chart. Source: TradingView

That includes a roughly 90% rally from November 2022 lows, 92% gains in late

Read More at https://cointelegraph.com/news/bitcoin-bullish-cross-50-plus-returns-average-flash-again?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742277644138&utm_campaign=rss_partner_inbound

Bitcoin’s (BTC) stochastic RSI has printed a bullish cross with a history of preceding sharp price rebounds.

Stochastic RSI tracks momentum based on price movements relative to their range over a given period. This classic indicator operates between 0 and 100, with values above 80 considered overbought and below 20 deemed oversold.

BTC/USDT weekly price chart. Source: TradingView/Merjin The Trader

A crossover of the blue %K line above the orange %D line from an oversold region technically suggests growing upward momentum.

Another $120,000 BTC price target emerges

Historical fractals show that each time the weekly stochastic RSI made the bullish cross, Bitcoin underwent sharp price recoveries within three to five months. Its gains have averaged at around 56% during such rebounds, ̛including rallies that extended beyond the 90%-return mark.

BTC/USD weekly price chart. Source: TradingView

That includes a roughly 90% rally from November 2022 lows, 92% gains in late

Read More at https://cointelegraph.com/news/bitcoin-bullish-cross-50-plus-returns-average-flash-again?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742248965663&utm_campaign=rss_partner_inbound

Bitcoin’s (BTC) stochastic RSI has printed a bullish cross with a history of preceding sharp price rebounds.

Stochastic RSI tracks momentum based on price movements relative to their range over a given period. This classic indicator operates between 0 and 100, with values above 80 considered overbought and below 20 deemed oversold.

BTC/USDT weekly price chart. Source: TradingView/Merjin The Trader

A crossover of the blue %K line above the orange %D line from an oversold region technically suggests growing upward momentum.

Another $120,000 BTC price target emerges

Historical fractals show that each time the weekly stochastic RSI made the bullish cross, Bitcoin underwent sharp price recoveries within three to five months. Its gains have averaged at around 56% during such rebounds, ̛including rallies that extended beyond the 90%-return mark.

BTC/USD weekly price chart. Source: TradingView

That includes a roughly 90% rally from November 2022 lows, 92% gains in late

Read More at https://cointelegraph.com/news/bitcoin-bullish-cross-50-plus-returns-average-flash-again?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742245286491&utm_campaign=rss_partner_inbound

Bitcoin’s (BTC) stochastic RSI has printed a bullish cross with a history of preceding sharp price rebounds.

Stochastic RSI tracks momentum based on price movements relative to their range over a given period. This classic indicator operates between 0 and 100, with values above 80 considered overbought and below 20 deemed oversold.

BTC/USDT weekly price chart. Source: TradingView/Merjin The Trader

A crossover of the blue %K line above the orange %D line from an oversold region technically suggests growing upward momentum.

Another $120,000 BTC price target emerges

Historical fractals show that each time the weekly stochastic RSI made the bullish cross, Bitcoin underwent sharp price recoveries within three to five months. Its gains have averaged at around 56% during such rebounds, ̛including rallies that extended beyond the 90%-return mark.

BTC/USD weekly price chart. Source: TradingView

That includes a roughly 90% rally from November 2022 lows, 92% gains in late

Read More at https://cointelegraph.com/news/bitcoin-bullish-cross-50-plus-returns-average-flash-again?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742223653011&utm_campaign=rss_partner_inbound

Bitcoin’s (BTC) stochastic RSI has printed a bullish cross with a history of preceding sharp price rebounds.

Stochastic RSI tracks momentum based on price movements relative to their range over a given period. This classic indicator operates between 0 and 100, with values above 80 considered overbought and below 20 deemed oversold.

BTC/USDT weekly price chart. Source: TradingView/Merjin The Trader

A crossover of the blue %K line above the orange %D line from an oversold region technically suggests growing upward momentum.

Another $120,000 BTC price target emerges

Historical fractals show that each time the weekly stochastic RSI made the bullish cross, Bitcoin underwent sharp price recoveries within three to five months. Its gains have averaged at around 56% during such rebounds, ̛including rallies that extended beyond the 90%-return mark.

BTC/USD weekly price chart. Source: TradingView

That includes a roughly 90% rally from November 2022 lows, 92% gains in late

Read More at https://cointelegraph.com/news/bitcoin-bullish-cross-50-plus-returns-average-flash-again?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

While most analysts expect the crypto bull cycle to continue until the end of 2025, concerns over an economic recession in the United States, along with crypto’s “circular” economy, may still threaten crypto valuations.

Despite the recent market correction, most crypto analysts expect the bull cycle to peak after the third quarter of 2025, with Bitcoin (BTC) price predictions ranging from $160,000 to above $180,000.

Beyond external concerns, such as a potential recession in the world’s largest economy, crypto’s biggest industry-specific risk is the “circular” nature of its economy, according to Arthur Breitman, the co-founder of Tezos.

“Within the industry, the main risk is that the industry is still very much in search of grounding. It’s all still very circular,” Breitman told Cointelegraph.

“If you look at DeFi, for example, the point of finance is to finance something […],

Read More at https://cointelegraph.com/news/crypto-bull-cycle-threatened-by-us-recession-circular-economy?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742248965663&utm_campaign=rss_partner_inbound

While most analysts expect the crypto bull cycle to continue until the end of 2025, concerns over an economic recession in the United States, along with crypto’s “circular” economy, may still threaten crypto valuations.

Despite the recent market correction, most crypto analysts expect the bull cycle to peak after the third quarter of 2025, with Bitcoin (BTC) price predictions ranging from $160,000 to above $180,000.

Beyond external concerns, such as a potential recession in the world’s largest economy, crypto’s biggest industry-specific risk is the “circular” nature of its economy, according to Arthur Breitman, the co-founder of Tezos.

“Within the industry, the main risk is that the industry is still very much in search of grounding. It’s all still very circular,” Breitman told Cointelegraph.

“If you look at DeFi, for example, the point of finance is to finance something […],

Read More at https://cointelegraph.com/news/crypto-bull-cycle-threatened-by-us-recession-circular-economy?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742245286491&utm_campaign=rss_partner_inbound

While most analysts expect the crypto bull cycle to continue until the end of 2025, concerns over an economic recession in the United States, along with crypto’s “circular” economy, may still threaten crypto valuations.

Despite the recent market correction, most crypto analysts expect the bull cycle to peak after the third quarter of 2025, with Bitcoin (BTC) price predictions ranging from $160,000 to above $180,000.

Beyond external concerns, such as a potential recession in the world’s largest economy, crypto’s biggest industry-specific risk is the “circular” nature of its economy, according to Arthur Breitman, the co-founder of Tezos.

“Within the industry, the main risk is that the industry is still very much in search of grounding. It’s all still very circular,” Breitman told Cointelegraph.

“If you look at DeFi, for example, the point of finance is to finance something […],

Read More at https://cointelegraph.com/news/crypto-bull-cycle-threatened-by-us-recession-circular-economy?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742223653011&utm_campaign=rss_partner_inbound