Strategy Buys 34K BTC for $2.54B
Strategy acquires 34,164 BTC at $74,395 average, boosting holdings to 815,061 BTC amid bullish BTC price prediction trends.
SourceStrategy, formerly known as MicroStrategy, just snapped up 34,164 BTC for a cool $2.54 billion at an average price of $74,395 per coin. This ramps their total stash to 815,061 BTC, acquired over time for roughly $61.56 billion at an average of $75,527 per Bitcoin. Aggressive accumulation like this underscores whale confidence in crypto market trends, especially as institutional players eye BTC whale buying patterns for long-term holds.
Zooming into the 4-hour BTC chart, price action at $75,274.51 holds firm in a bullish structure, with the EMA50 at $74,473.58 acting as immediate support and the EMA200 at $71,762.25 providing deeper downside protection. Momentum sits neutral with RSI at 50.98, but the MACD's bearish death cross at 18.86 signals potential short-term pressure—watch for a dip toward that lower Bollinger support at $73,788.68 before buyers reclaim control, especially if we test the upper band resistance at $77,825.02. This confluence screams tactical entry for those tracking BTC price prediction amid volatile swings, much like the hype around Bitcoin integrations with projects like TAO.
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