Bitcoin Poised for Upside as MicroStrategy Hints at Fresh Buy
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Bitcoin Poised for Upside as MicroStrategy Hints at Fresh Buy

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Azeez Mustapha

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Bitcoin (BTC) could gain renewed momentum following a signal from MicroStrategy’s Chairman, Michael Saylor. Over the weekend, Saylor shared the company’s signature Bitcoin tracker chart, a post that in previous instances has often foreshadowed upcoming purchases. Such moves have become a recognizable pattern, reflecting MicroStrategy’s steady strategy of expanding its Bitcoin holdings.


Investors view these signals as a strong indication of potential institutional accumulation. A new buy from MicroStrategy would not only reinforce Bitcoin’s standing as a treasury reserve asset but could also boost liquidity and market confidence. With Saylor’s consistent commitment to Bitcoin, traders anticipate that another large-scale purchase might act as a catalyst for bullish price action in the near term.

Key Bitcoin Levels To Watch – September 21

Bitcoin Poised for Upside as MicroStrategy Hints at Fresh Buy

BTCUSD maintains a bullish outlook as price action trades above the ascending trendline and the 9-day SMA, confirming sustained upward momentum. The recent retracement into the order block around $111,500–$108,300 provides a strong support base for buyers.

MACD remains in positive territory, signaling underlying strength despite short-term pullbacks. A breakout above $117,900 is likely to trigger a rally toward $124,500 and potentially $130,000.

Bitcoin Key Levels

Resistance Levels: $118,000, $124,530, $130,000
Support Levels: $111,550, $108,390, $100,610

BTC Metrics

Total Market Capitalisation: $3.87T
Bitcoin Market Capitalisation: $2.24T
Bitcoin Volume: $63.54B
Market Rank: #1

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