Bitcoin is still trading in a bear-flag structure that implies a potential move toward sub-$50,000, but a breakout above the upper trendline near the mid-$70,000 area could flip the setup bullish. Since March 2, Strategy's holdings increased by 46,233 BTC versus about 16,200 BTC mined in the same span, and the pattern's measured-move target is near $108,000-$110,000.

Tyler Winklevoss said the U.S. M2 money supply hitting a record $22.7 trillion amounts to a large "advertising budget" for Bitcoin. He contrasted expanding fiat liquidity with Bitcoin's fixed 21 million-coin cap and pointed to the asset's reported relationship with global M2. The post was shared on X on April 6, 2026.

Bitcoin (BTC) rose sharply after a quiet weekend, jumping from about $67,000 to nearly $69,600 within hours as broader risk sentiment shifted. The move followed reports of potential U.S.-Iran ceasefire talks, while a separate debate over Bitcoin’s long-term returns resurfaced alongside Strategy’s latest 4,871 BTC purchase for roughly $330 million.

Strategy disclosed a $14.46 billion unrealized loss for Q1 2026 and said its MSTR shares were down 21% year-to-date. It also reported buying 4,871 BTC for about $329.9 million between April 1 and April 5, bringing total holdings to 766,970 BTC.

Bitcoin traded back above $70,000 on April 6, touching $70,355 and keeping its market capitalization near $1.4T amid heightened Middle East tensions. Strategy disclosed it bought 4,871 BTC for about $329.9M, while Bitfinex warned derivatives positioning could amplify moves, with $145M in shorts liquidated and added downside risk if BTC slips below $68,000.

Bitcoin rose to around $69,000, up about 4% in a day after bouncing from a long-term trendline that has marked major cycle lows since 2017. Strategy disclosed it bought 4,871 BTC for about $329.9 million at an average $67,718 per coin, lifting total holdings to 766,970 BTC. The setup highlights key levels around $72,000 resistance and $66,000 downside invalidation.

Bitcoin (BTC) moved back to $70,000 as the broader crypto market rebounded, with short positions seeing about $300 million in liquidations over the past 24 hours. Total liquidations in that window reached $325 million, while BTC later slipped to $69,502 but was still up 3.9% in 24 hours. Trading volume was reported up more than 105% to $34.9 million.

Strategy restarted Bitcoin buying last week, adding 4,871 BTC for $329.9 million and lifting its stash to 766,970 BTC. The company also disclosed a $14.46 billion first-quarter unrealized loss on digital assets and a $2.42 billion deferred tax benefit. It updated its ATM plans with new $21 billion offerings for STRC and MSTR, plus a new $2.1 billion STRK program.