Saylor triggers fresh Bitcoin buy speculation as BTC hovers near $90k

Source Cryptopolitan

Michael Saylor is signaling another aggressive Bitcoin accumulation for Strategy (formerly MicroStrategy). This signals that the firm is committed to its high-stakes treasury strategy even as its MSTR stock falters.

This comes as MSCI plans to remove Strategy Inc. from its global indices during its February review. The index provider has flagged concerns that the firm now functions more like an investment vehicle than an operating company. Still, market analysts have pointed out that the financial implications of such a move are severe.

Traders and institutions jockey as Bitcoin Tests $90K resistance zone

Saylor’s signal arrives as BTC trades around the $90,000 level and the formation of liquidity clusters, providing insight into the short-term market outlook. In a brief post, the executive stated that Green Dots led Orange Dots, which was followed by a graph showing the Bitcoin acquisitions of his firm. Analysts often interpret the message as a hint that more Bitcoin buying could be forthcoming soon.

The post continues a year-long pattern Saylor has used to hint at a new BTC purchase. Notably, such a weekend teaser is usually followed by a Monday morning SEC filing confirming a significant acquisition.

Still, the last time Saylor hinted at more BTC buys with green dots, Strategy established a Bitcoin reserve for dividend payments in addition to buying more BTC. This means there’s a possibility of another move besides BTC purchases again this time.

The Strategy executive chairman’s past behavior adds weight to the signal. He has often used brief, symbolic posts before announcing major Bitcoin purchases.

Institutional signals sometimes drive temporary sentiment about the BTC price. Traders are motivated to position themselves based on their expectations for purchases, even if they haven’t made a purchase yet. These investors can reduce their exposure in the short term or exit their positions when the price approaches resistance, or hedge by selling near the anticipated resistance zone.

Tom Lee’s Fundstrat has also cautioned that Bitcoin could reach $60,000, even with longer-term optimism persisting. Bitcoin is trading near a heavy resistance zone around $90,000, where liquidity and sell orders are concentrated.

Another crypto analyst, Ted Pillows, says market makers may sweep all three liquidity clusters in the next few days as Bitcoin tests the $90,000 level. Markets often move toward these zones as traders seek to fill large orders.

According to on-chain data cited by Pillars, large clusters of resting liquidity are present at that level, creating a temporary barrier for price movement. A strong buyer stepping in near this zone could influence how Bitcoin reacts to that resistance. The leading crypto’s current structure makes the message especially notable.

Institutional demand keeps Bitcoin supported amid volatility

Liquidity data shows price magnets both above and below current levels. The largest group of upside liquidity is around $90,000, while the downside liquidity ranges from $86,000 to $84,000. This suggests that institutional interest in BTC remains, despite recent volatility.

Even after incurring some substantial outflows last week, ETFs still maintain substantial Bitcoin balances. The BlackRock Bitcoin ETF is among the top six ETFs of this year.

Additionally, corporate treasuries remain active in the market. These are part of the reasons why BTC demand is not falling even at increased prices.

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