Key Notes
- Michael Saylor hints at contemporary Bitcoin purchases as MicroStrategy’s holdings hit 629,376 BTC, nearing $26B in revenue.
- Bitcoin worth consolidates between $117,300 and $114,400 amid ETF outflows and weak company demand.
- MicroStrategy’s renewed Bitcoin shopping for may counterbalance waning ETF inflows, boosting speculative demand for the week forward.
After falling behind high altcoins in final week’s late rally following dovish remarks from US Fed Chief Jerome Powell, Bitcoin consolidated in a decent 2% weekend vary between $117,300 and $114,400. The lackluster worth motion mirrored each weak company demand and protracted ETF outflows, as Bitcoin ETFs shed $1.2 billion over the week with out logging a single day of inflows.
Nevertheless, contemporary alerts from Michael Saylor, co-founder and govt chairman of MicroStrategy, recommend this lull in institutional urge for food could also be near reversing. In a cryptic submit on X revealed round midday Sunday, Saylor wrote “Bitcoin is on Sale,” accompanied by a picture displaying his agency’s latest BTC acquisitions.
Bitcoin is on Sale pic.twitter.com/azJIYk2xDe
— Michael Saylor (@saylor) August 24, 2025
Based on SaylorTracker, MicroStrategy’s Bitcoin holdings have now reached 629,376 BTC, valued at roughly $72.3 billion, with income climbing to $25.9 billion at press time. The opportunity of renewed large-scale purchases from Saylor’s agency gives two potential tailwinds for Bitcoin worth motion.
First, it may restore confidence amongst retail merchants and strategic buyers discouraged by final week’s underperformance. Second, the early trace could encourage short-term merchants to enter contemporary bets speculating on Technique’s imminent buy affirmation. If these eventualities materialize, this might significantly enhance market liquidity and set off a constructive BTC worth response.
Bitcoin Worth Forecast: Can Bulls Overcome Resistance Under $117,800?
Bitcoin worth opened the brand new week on a cautious word, buying and selling close to $114,600 at press time. The day by day chart reveals BTC consolidating just below the center Bollinger Band round $116,722, whereas resistance on the higher band close to $121,713 continues to cap upside momentum.
Momentum indicators stay combined. The Relative Energy Index is holding at 46.53, pointing to a impartial stance, neither overbought nor oversold. This leaves room for directional motion relying on whether or not consumers or sellers achieve management within the coming classes.
Bitcoin worth forecast | Supply: TradingView
On the bullish facet, a sustained shut above $117,800, the place extra than $3 billion in short positions are clustered, would probably validate additional upside towards $121,700 and doubtlessly retest $124,000, ranges final seen earlier this month. Renewed company demand and affirmation of MicroStrategy’s rumored purchases may function the catalyst for such a breakout.
Conversely, quick draw back help is seen at $111,700 close to the decrease Bollinger Band. A decisive drop under this threshold would threat extending losses towards the $108,000 area, the place prior consolidation established a short lived ground in late July.
In abstract, with no important enhance in company demand, Bitcoin worth is anticipated to stay range-bound between $114,000 and $118,000.
Maxi Doge Presale Beneficial properties Momentum as Bitcoin Consolidates
As Bitcoin worth lags under key resistance ranges and buyers await contemporary institutional cues, some merchants are turning to extremely speculative alternate options like Maxi Doge (MAXIDOGE). Promoted as a high-risk, high-reward group token, Maxi Doge has gained traction by providing 1000x leverage with no stop-loss, drawing curiosity from merchants in search of outsized returns.
Maxi Doge Presale
The continued presale has gained appreciable traction with greater than $1.27 million already raised towards a $1.53 million goal. Priced at $0.000253 per token, the sale has simply two days remaining earlier than the subsequent worth enhance. Visit the official Maxi Doge website to secure early access.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed data however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm data by yourself and seek the advice of with an expert earlier than making any choices primarily based on this content material.
Ibrahim Ajibade is a seasoned analysis analyst with a background in supporting varied Web3 startups and monetary organizations. He earned his undergraduate diploma in Economics and is at the moment finding out for a Grasp’s in Blockchain and Distributed Ledger Applied sciences on the College of Malta.
