- Strategy buys 3,459 BTC for $285M, raising total holdings to 531,664 BTC.
- Bitcoin trades near $84K, eyes $87K as MACD shows bullish signals.
- BTC market steadies post-CPI shock; institutional interest remains strong.
Bitcoin continued to consolidate above $83,000 on Tuesday after Strategy, formerly known as MicroStrategy, confirmed the acquisition of 3,459 BTC. The purchase, valued at approximately $285 million, brings the firm’s total Bitcoin holdings to more than 531,664 BTC. The transaction follows the company’s Q1 filing, which reported $6 billion in unrealized losses for 2025 due to Bitcoin’s price dipping below $80,000.
Despite recent losses, Strategy’s total Bitcoin holdings are now valued at $44 billion, reflecting an overall profit of $8.4 billion. The firm has spent $7.6 billion on Bitcoin since the beginning of the year, maintaining its aggressive accumulation strategy. According to data from SaylorTracker, the purchase was finalized as Bitcoin approached support levels at $82,500, just after hitting a local high of nearly $85,000.
Technical Indicators Suggest Bitcoin May Target $87K
Bitcoin price remained firm above $83,000 as bullish momentum returned, supported by technical indicators pointing toward a breakout. The price action shows Bitcoin trading close to $83,855, holding steady above the midline of the Bollinger Bands set at $82,505. The upper band resistance near $87,142 is now seen as the next key technical target.
The Moving Average Convergence Divergence (MACD) indicator also flashed a bullish signal. The blue signal line crossed above the orange baseline, and positive histogram bars continued to grow. This structure signals potential upward acceleration. If the price goes above $85,000, analysts predict Bitcoin will reach $87,000 next.
Should Bitcoin settle under $82,500 on the market close, investors might encounter downside risks which could pull the asset towards the lower support level near $77,867. As of now, short-term price action remains bullish, with indicators suggesting stronger buying interest.
Institutional Confidence Holds as Market Recovers From CPI Shock
The latest purchase by Strategy came shortly after hawkish US inflation data spurred volatility across financial markets. Bitcoin briefly surged past $85,000 last week in response to the data before pulling back under $80,000. Despite the correction, the move by Strategy indicates continued institutional conviction in Bitcoin as a long-term asset.
The crypto market responded with moderate optimism as Bitcoin stabilized above key support zones. Volatility has narrowed, and volume indicators suggest growing trader interest. This stability has coincided with tighter Bollinger Bands, a pattern typically preceding breakout price movements.
Through its ongoing acquisitions, MicroStrategy maintains market sentiment influence while strengthening its status as the biggest corporate Bitcoin holder. Recent purchase timings support market predictions which show Bitcoin prices rising to $90,000 in the near future.
Bitcoin maintains its trading range around $84,000 while technical signals suggest an upcoming shift toward $90,000. Despite recent market losses Strategy demonstrates its long-term price growth confidence through its $285 million Bitcoin investment. Current market attention turns toward resistance levels around $87,000 where bulls aim to extend existing momentum.
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