Will BTC price hit $80K? — TradingView News

Will BTC price hit $80K? — TradingView News


Michael Saylor’s Strategy (MSTR) sees set to restart its Bitcoin BTCUSD accumulation engine after a short paapply, with its STRC preferred stock likely funding fresh crypto purchases this week.

Key takeaways:

  • Strategy may purchase at least $76.25 million in Bitcoin this week.

  • Combined with a technical setup, Bitcoin may rise to $80,000 in April.

Strategy may purchase at least 1,111 BTC this week

On Tuesday, STRC closed at $100.02, just above its $100 par value. Trading at or above par gives Strategy room to issue new shares, raise fresh capital and deploy the proceeds into Bitcoin.

Estimates from STRC.LIVE suggest Strategy had raised enough by Tuesday’s close to fund the purchase of more than 1,085 BTC, with the weekly total rising to over 1,111 BTC. That is equivalent to around $76.25 million.

This is a shift from the previous week, when STRC traded mostly below par and generated no estimated BTC purchases.

As of late March, the company held 762,099 BTC at an average acquisition price of about $75,694, according to its latest filings.

BTC rebounds as Strategy’s purchaseing window reopens

The renewed purchaseing window has coincided with a bounce in Bitcoin prices.

Since Tuesday, BTCUSD has climbed more than 5%, briefly reaching nearly $69,300. The shift mirrors earlier gains seen during periods when Strategy was actively raising capital through STRC to purchase Bitcoin.

One example came in the week finishing March 15, when Bitcoin rose more than 10% despite weak broader risk sentiment. Over the same period, Strategy purchased 22,337 BTC worth about $1.57 billion.

The opposite dynamic emerged afterward. Bitcoin fell 14.55% over the next two weeks, roughly aligning with Strategy’s paapply in purchases as STRC slipped below its $100 par value.

On March 23, Strategy unveiled a $44.1 billion capital-raising capacity to purchase more Bitcoin via the sales of STRC and other preferred stocks, indicating that it would remain a meaningful source of Bitcoin demand in the coming months.

Stretch Dividfinish Rate maintained at 11.50% for April 2026. $STRC pic.twitter.com/8Jl0QlfNhK

Apr 01, 2026

Bitcoin eyes $80K after bouncing from flag support

From a technical standpoint, Bitcoin’s rebound launched after it retested the lower boundary of its prevailing bear flag pattern as support.

BTC could advance toward the flag’s upper trfinishline near $80,000 in April if the recovery gains further traction, particularly if boosted by renewed Strategy purchaseing and signs of easing Iran war tensions.

The $80,000 upside tarobtain also aligns with the 50-period exponential relocating average on the three-day chart, building the area a key near-term resistance zone.

Conversely, Bitcoin risks losing the flag’s lower trfinishline support and confirming the pattern’s typical bearish breakdown if those supportive catalysts fade.

In that scenario, the measured downside tarobtain would come in near the $49,000–$50,000 zone. That aligns with the downside projections shared by multiple analysts in the past.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *