Mmastodon BusinessCrypto first seen 10 h ago, last 9 h ago, peak #1
Bitcoin Stuck in Two-Week Range as MicroStrategy Keeps Buying
Original: 🚀 Bitcoin Market Update: Volatilität & Big News! • BTC verharrt nach leichten Dumps in einer 14-Tage-Seitwärtsrange • Mi
Bitcoin is holding within a sideways range after minor pullbacks, with traders watching for a breakout after roughly two weeks of consolidation. In company news, MicroStrategy reported a quarterly profit of about $20.91 billion and bought an additional 335 bitcoin, lifting its total holdings to around 848,000 BTC. The continued corporate accumulation is being cited as support for the market despite the muted price action.
Why now: MicroStrategy's large quarterly profit and ongoing bitcoin purchases are drawing attention while bitcoin's price remains range-bound.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1214493