Bitcoin Price Eyes $100k as Saylor Buys $1.42B BTC — Fed Decision Looms
By: cryptosheadlines|2025/05/03 06:30:01
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Michael Saylor’s Strategy has doubled down on its Bitcoin bet, acquiring 15,355 BTC for $1.42 billion at an average price of $92,737—marking its third mega-purchase this April after buys of $555.8 million at $84,785/BTC and $285.8 million at $82,618/BTC. With a 13.7% YTD yield on its BTC holdings, Bitcoin price consolidates near $96k ahead of the May 7 Fed meeting.Bitcoin Technicals Signal Extended RallyAn interesting observation on the daily Bitcoin price chart is the extended bull runs after the 1-day RSI has crossed above 70. Such instances have historically resulted in 40% to 70% up moves in the next 30 to 40 days. As of May 3, Bitcoin’s daily RSI has just crossed the 70-mark. If history repeats, this could be the last time to accumulate Bitcoin below $100k. Bitcoin price 1-day chart showing RSI crossing 70Will Bitcoin price continue its ascent beyond $100k? Apart from technicals a macroeconomic policies, Trump’s trade war negotiations also impact the price of BTC. Macro Factors Influencing BTC Price Fed Meeting Impact on May 7There is a 97.2% probability that the rates remain unchanged at the 425 to 450 basis point range, according to the CME FedWatch Tool.Potential outcomes:A dovish tone from the Fed could result in a bullish leg propelling BTC to revisit $100k.On the other hand, a hawkish surprise could lead to a Bitcoin pullback to $92.2k support. A breakdown of this level could lead to steep corrections to $88k and $85.4k.CME FedWatch Tool rate probabilities The Dollar Index (DXY) weakensAs noted in previous CoinGape articles, the dollar Index, DXY, has collapsed nearly 11% in the past 100 days and current sits around 100.036. A further push into 100.820 could result in a steep rejection down to 91.Although the April Nonfarm Payrolls didn’t push DXY lower, the Fed’s decision on macroeconomic policy could drive US dollar lower. This development could propel Bitcoin price higher. Institutional DemandSpot Bitcoin ETF has noted $4 billions in net flows since March 25.Adding a tailwind to institutional accumulation is MicroStrategy’s total April buys reaching north of 25,370 BTC worth $2.44 billion.Critical Bitcoin Levels to WatchWith Nonfarm Payrolls out of the way, another volatile event, the Fed meeting on May 7, looms, which could induce volatility. Here are some key levels to watch for Bitcoin (BTC).Resistance Levels$108k (all-time high)$100k (psychological barrier)Support Zones$92k to $93k$88.4k $85.8kTo conclude, the overall Bitcoin price prediction remains bullish with targets beyond $100k in 2025. However, investors need to be cautious as BTC could chop around before it embarks on an exponential uptrend.Frequently Asked Questions (FAQs) MicroStrategy acquired 15,355 BTC for $1.42 billion at an average price of $92,737. Historically, this has led to 40% to 70% up moves in the next 30 to 40 days. A dovish tone could propel Bitcoin to $100k, while a hawkish surprise could lead to a pullback to $92.2k. ✓ Share: Akash Girimath Senior Cryptocurrency Analyst & Market StrategistEngineer-turned-analyst Akash Girimath delivers data-driven insights on cryptocurrency markets, DeFi, and blockchain technology for platforms like AMBCrypto and FXStreet. Specializing in technical analysis, on-chain analytics, and risk management, he empowers institutional investors and retail traders to navigate market volatility and regulatory shifts.A hands-on strategist, Akash merges active crypto portfolio management with research on Web3, NFTs, and tokenomics. At AMBCrypto, he led cross-functional teams to redesign content frameworks, achieving record-breaking traffic growth through scalable editorial strategies. His analyses dissect market sentiment, investment strategies, and price predictions, blending macroeconomic trends with real-world trading expertise.Known for mentoring analysts and optimizing workflows for high-impact reporting, Akash’s work is cited across global crypto publications, reaching 500k+ monthly readers. Follow his insights on YouTube, X, and LinkedIn for cutting-edge perspectives on decentralized ecosystems and crypto innovation. Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.Source link
You may also like
The ten years of Cloud on the Air: From corner coffee to global financial infrastructure
How did a remittance company grow into a financial infrastructure that can replace SWIFT; when it really reaches this scale, how should stablecoins be positioned for it; and what can AI integrate into this infrastructure?
From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?
Speak with data and signals, validate judgments with A/B tests, and seek asymmetric returns with limited risk exposure.
OUSD False Cooperation Controversy? The Credit Game of Stablecoins and Endorsements by Giants
The success of stablecoins does not rely on rallying a group of alliance members for marketing, but rather on whether they have real use cases and genuine users.
Trump, the best stock trader among U.S. presidents
Trump has almost turned the presidency into a business and maximized the conversion of presidential influence into commercial profits.
Q-Day Countdown: Will Quantum Computing End Cryptocurrency?
In the face of dormant coins being plundered by quantum computing power, should we firmly uphold the unalterable bottom line of "code is law," or should we enforce a soft fork to freeze legacy assets?
Selling coins despite a loss of 55 million dollars, the faith in Strategy has reached the interest payment date
The moment faith was securitized, Bitcoin became a bill.
The cryptocurrency industry has become a traditional industry
For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.
Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon
Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...
$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026
TRUMP Token lost more than 96% after its launch, while Nasdaq stocks and NVIDIA delivered strong gains. Compare what happened to a $10,000 investment and explore why asset fundamentals matter more than market hype.
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
July 5 Market Important Events Overview
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.
Strategy Founder: The Next 10 Years of Bitcoin
In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.
The ten years of Cloud on the Air: From corner coffee to global financial infrastructure
How did a remittance company grow into a financial infrastructure that can replace SWIFT; when it really reaches this scale, how should stablecoins be positioned for it; and what can AI integrate into this infrastructure?
From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?
Speak with data and signals, validate judgments with A/B tests, and seek asymmetric returns with limited risk exposure.
OUSD False Cooperation Controversy? The Credit Game of Stablecoins and Endorsements by Giants
The success of stablecoins does not rely on rallying a group of alliance members for marketing, but rather on whether they have real use cases and genuine users.
Trump, the best stock trader among U.S. presidents
Trump has almost turned the presidency into a business and maximized the conversion of presidential influence into commercial profits.
Q-Day Countdown: Will Quantum Computing End Cryptocurrency?
In the face of dormant coins being plundered by quantum computing power, should we firmly uphold the unalterable bottom line of "code is law," or should we enforce a soft fork to freeze legacy assets?
Selling coins despite a loss of 55 million dollars, the faith in Strategy has reached the interest payment date
The moment faith was securitized, Bitcoin became a bill.
Popular coins
Latest Crypto News
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
