🆕:  🔴For the 5th week in a row, Michael Saylor posts the Saylor Bitcoin tracker❗️

MicroStrategy always buys more 💲BTC the next day ↗️

BTC 4H Update

Bitcoin has recently broken the key support level at $99,400 (blue line), but we've seen strong price rejection and consolidation near this level. As long as the price stays below the blue line, there's a risk of further downward movement, possibly even reaching $92K due to potential scam wicks.

To maintain bullish momentum, Bitcoin must stay above the blue line and form a stable range. A break above the recent swing high at $102K would be a positive signal for bulls, suggesting further upside potential and confirming the strength of the rally.

Currently, price action is happening within a range-bound market, with BTC trading near the middle of the price range. Until we see a clear breakout, caution is advised, as price movements may remain contained within this range.

Bitcoin’s chart is still moving sideways(HTF), with very little change in recent price action. On the 4-hour chart, the market is facing resistance at a key blue line, which has been holding strong for the last two days.

Yesterday, BTC made a solid attempt to break the 100k mark, rising from 96k, as I mentioned earlier. However, after President Trump’s announcement about new tariffs on more countries next week, uncertainty returned to the market, causing hesitation and halting further upward movement📉📈

As I’ve mentioned before, tariff news tends to create short-term challenges for the crypto market. This could result in more choppy price action and increased volatility, along with potential downside wick.

BTC Monthly is still in an extended uptrend, has broken its previous high, and the last candle managed to close above it. Currently, it is cooling off, which is normal in strong trends. A range breakout on the lower time frame (Daily) will trigger massive FOMO in BTC, according to the current BTC Monthly outlook with EMA

📊 According to Kaiko, not all cryptocurrency exchanges have benefited from the launch of spot bitcoin ETFs

Only Bybit has made noticeable progress, growing its market share from 8% to 16%

Bitcoin has rebounded after a successful retest, indicating strong support from the bulls. This may lead to a further upward movement towards the major resistance area, with altcoins also likely to experience a rally.

Bitcoin has rebounded after a successful retest, indicating strong support from the bulls. This may lead to a further upward movement towards the major resistance area, with altcoins also likely to experience a rally.

🚨 Trade Signal: ETH/USDT Long Opportunity (Place BID)

• Entry Zone: $3030 - $3080
• Target: $3700 - $3870
• Stop-Loss: $2900

Gold is showing Good strength once again 📈, and BTC may follow suit soon 🙌. As I’ve highlighted multiple times, my $BTC spot buy levels have consistently been accurate 💯, delivering reliable bounces from those zones. For those who missed these levels, feel free to scroll through past messages for reference 📚.

Stay alert, as this could present a prime opportunity for those ready to take action!

#Solana flipped #XRP in Market Cap for the 1st time ever.

Boom! Spot Bitcoin ETFs are already crushing it today, topping $6 billion in trading- Bloomberg's Eric Balchunas

The decline in Bitcoin address activity seems to be primarily caused by a reduction in the usage of Inscriptions and Ordinals. It's worth noting that many wallets and protocols in this sector reuse addresses, which are not counted multiple times if an address is active more than once in a day. So, if a single address generates ten transactions in a day, it would be counted as one active address, but with ten transactions.

📊 Apple's #AAPL $215 Billion market cap increase today was the 3rd largest single day market cap increase in stock market history

🥇 Nvidia #NVDA Feb 2024: +$277B
🥈 Nvidia #NVDA May 2024: +$218B
🥉 Apple #AAPL Jun 2024: +$215B

In the past 24 hours , 307,742 traders were liquidated , the total liquidations comes in at $1.16 billion

Total long liquidation: $857.14 M

Total Short liquidation: $299.22 M

CME #Bitcoin Open interest exceeded $10 billion for the first time and hit a new all-time high.

📜 Trump to Make Crypto a National Priority - Bloomberg

🏦 President-elect Donald Trump plans to issue an executive order naming cryptocurrency a national priority. The order could establish a crypto advisory council, pause federal litigation against crypto companies, and even create a national Bitcoin stockpile with the government’s $20B in BTC holdings.

🔎 The move marks a stark contrast to Biden’s administration, which filed over 100 enforcement actions against the sector. Trump has vowed to make the US the crypto capital of the world, gaining strong support from the industry, including donations from Coinbase and Ripple.

With Bitcoin rallying above $100K, this could be a game-changer for the crypto space. 🚀