Bitcoin Bulls Target $100K as Strategy’s STRC Enables More BTC Buying This Week

BTC

BTC/USDT

$79,716.04

-0.29%

$79,716.04

-0.29%

(24s)

24h Volume

$7,897,939,322.97

24h H/L

$80,200.00 / $79,233.00

Change: $967.00 (1.22%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

+0.0014%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,711.92

▼ -0.15%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,908.22

Resistance 1$79,878.00

Price$79,711.92

Support 1$79,635.96

Support 2$73,033.65

Support 3$70,930.00

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.3

Cointelegraph Staff

(12:29 PM UTC)

1 min read

Reviewed byMichael Roberts

0 comments

Bitcoin (BTC) may reach $100,000 by June as Strategy’s renewed buying power and falling stablecoin dominance suggest liquidity is returning to crypto.

Key takeaways:

Michael Saylor's Strategy may purchase at least 3,127 BTC this week via the sales of STRC shares.
Falling crypto market dominance of USDT and USDC stablecoins increases BTC's odds of reaching $100,000.