Bitcoin Soars Again: Is a $145K Price Coming? Find Out How Saylor’s $21B Bet Could Change Everything!

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Ah, Bitcoin. The rebellious child of finance, always defying expectations and refusing to follow the rules. On Thursday, it took another leap of 3%, smashing through the $97,000 mark for the first time in two months, much to the delight of those brave enough to bet on its rise. Investors, who, by the way, don’t exactly do well with patience, now seem convinced that BTC has a steady trajectory ahead. Who wouldn’t be? It’s got that sweet, volatile allure.

BTC price surges on ETF optimism and Saylor’s $21B push

Bitcoin, bless its heart, rose by a modest 3.4% this week. At the time of writing, it was flirting with the $97,000 mark. According to Coingecko, it hit a high of $97,341. And voilà, the market capitalization soared above $2 trillion for the first time since March—an event so significant that even your neighbor, who thinks blockchain is something to do with pirates, might raise an eyebrow.

Why this sudden upsurge, you ask? Well, it seems that 21Shares filed for a spot SUI ETF. Ah yes, another ETF. The market loves a good ETF, doesn’t it? It’s like a little kiss of legitimacy for Bitcoin in the eyes of traditional investors. And guess what? The SEC decided to postpone decisions on seven altcoin ETF applications, further confirming that these delays are just procedural. Nothing to see here—no rejection, just… bureaucratic inertia.

But wait, there’s more. Just when you thought things couldn’t get any more exciting, Michael Saylor’s Strategy team (yes, that guy who’s made a career out of holding Bitcoin) launched a massive $21 billion market offering to scoop up more BTC. That’s right. After suffering a $4.2 billion unrealized loss in Q1 2025—thanks to the quarter-end Bitcoin pricing fiasco—they’re back in the game with more firepower than ever. Truly, a company that understands how to make lemonade from the sourest lemons.

Currently, Strategy holds over 553,000 BTC at an average cost of $68,459. They even raised their 2025 BTC yield target from 15% to 25%. Talk about optimism, or perhaps sheer madness. They also proudly announced a $12.7 billion accounting uplift, all thanks to a little thing called fair value accounting. It’s a delightful shift in corporate attitudes toward Bitcoin, as more than 70 public companies now hold BTC. A true revolution… for the corporate world, that is.

Institutional momentum is now building on multiple fronts:

We’re seeing a reawakening of ETF activity, corporate adoption via fair value accounting, and the steady influx of capital. Bitcoin’s sharp rebound above the $96,500-$97,000 zone is a testament to this growing institutional confidence. Who would’ve thought that a once-disruptive force would now have big money behind it?

If BTC manages to close the week above $97,000, we could be looking at a delightful journey toward $105,000. And if the stars align? Well, don’t be surprised if we see a wild ride toward $145,000 by Q3. The experts say it’s possible if the macroeconomic forces stay in Bitcoin’s favor. The price could easily become the new gold standard for speculative behavior.

Bitcoin Price Forecast Today: BTC Targets $105,000 as RSI Signals Bullish Continuation

Bitcoin, ever the drama queen, is trading at $97,089—up 0.62% on the day. And yes, it’s looking to hit $105,000 next. The price has broken decisively above the $90,000 resistance zone, which, according to experts, is a sign of strong bullish continuation. What’s that? You didn’t hear the chorus of institutional investors singing their praises? It’s because they’re not exactly shy about their bullish sentiments.

The 50-day and 200-day moving averages have somewhat flattened out, but they’re still below the current price, confirming that Bitcoin has regained long-term trend support. What does this mean for the average investor? Probably that the trend is your friend… as long as you don’t blink too much. The RSI at 70.49? Yes, it’s overbought territory, but in a trend like this, it’s more of a reflection of institutional interest than an impending collapse.

A break above $98,000 would open a clear path to $105,000, with support levels now at $90,000 and $86,000. But let’s be real—Bitcoin rarely plays by the rules. So a sudden dip might just be the plot twist we didn’t see coming. Still, there’s no sign of a retreat. At least not yet.

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2025-05-02 04:50