President Trump then doubled down on tariff threats, making it clear that he expects tech giant Apple to make its iPhones in the US, not China or India. 

Trump fires shots at Apple’s Tim Cook, Source: Truth Social

The dump busted through a key support level and landed Bitcoin into what technical analysts are now calling a “compression zone” — a price cage bordered by two fair value gaps that could dictate Bitcoin’s next big move. With price action bouncing between $106.7K and $108.3K, traders are now eyeing breakout or breakdown signals with increasing urgency.

Interestingly, while retail panic-selling hit hard, institutions kept buying the dip. U.S. spot Bitcoin ETFs pulled in a staggering $934 million on May 22, following $608 million the day prior — strong evidence that Wall Street remains unfazed by the geopolitical drama, if not outright opportunistic.

Bitcoin dropped to $107,436, Source: Brave New Coin Liquid Index

Volume profile analysis shows serious resistance stacked around $108,300, while the $106,700–$107,000 range is emerging as a tentative support floor. The market briefly surged from $107,373 to $107,671 in a 30-minute window — a failed breakout attempt that ended in a swift reversal, underscoring just how jittery sentiment has become.

All eyes now turn to the $109K–$110K band. A bullish reclaim there could open the doors to $112K+, but a slip below $107K might trigger a fast slide toward the $106K liquidity pool.

Volatility is back. Strap in.

Saylor Hints at New Bitcoin Buy

MicroStrategy’s Bitcoin obsession isn’t slowing down — in fact, it’s accelerating. As BTC slid from its May 22 all-time high of $112,000 to around $107,577, co-founder and maximalist-in-chief Michael Saylor hinted at another strategic buy.

“I only buy Bitcoin with money I can’t afford to lose,” Saylor quipped to his 4.3 million followers on X, doubling down on his long-standing belief in Bitcoin as the ultimate asymmetric bet against fiat rot.

Saylor hints at new buy, Source: X

If the company follows through on its rumored May 26 purchase, it’ll mark the seventh consecutive week of Bitcoin accumulation. Their most recent buy? A casual 7,390 BTC worth nearly $765 million, scooped up on May 19. That brings Strategy’s war chest to a staggering 576,230 BTC — by far the largest corporate treasury of digital gold on Earth.

Saylor’s playbook hasn’t changed: raise billions in fiat, convert it into Bitcoin, and sit tight. While traditional companies raise capital to upgrade factories or hire engineers, MicroStrategy raises debt and equity to escape fiat decay and load up on what Saylor calls “pristine collateral.” To him, this isn’t just treasury management — it’s a monetary revolution.

And some analysts are buying in — hard. Market commentator Jeff Walton told the Financial Times that Strategy’s BTC-centric model could turn it into a $10 trillion company, overtaking Apple, Saudi Aramco, and every blue-chip name in its path. Why? Because no one else is stockpiling digital property with this level of conviction.

“Strategy holds more of the best asset, with the cleanest collateral, than any other company on the planet — by multiples,” Walton said. While most firms struggle to raise a few hundred million, Strategy casually pulled in billions in under two months. That capital is then weaponized — not squandered on marketing or burn-rate — but redirected into Bitcoin, an appreciating store of value in a world awash in debt and dilution.

Of course, there’s tension between the long-term thesis and the short-term market. Bitcoin has yet to hit Saylor’s long-predicted parabolic highs — no $150K, let alone “millions per coin.” He blames weak hands and a lack of time preference: “They sell too soon, rotate out, and miss the big wave,” he’s said before.

Still, the man plays the infinite game. Whether Bitcoin corrects or rallies in the short term is irrelevant to Strategy’s mission. The bet is on the collapse of trust in fiat systems, the rise of Bitcoin as digital property, and MicroStrategy as its most aggressive corporate accumulator.

Bitcoin may be volatile — but Saylor? He’s all in. Again.

Market Structure Remains Bullish

Despite the current market dip, the wider market structure remains bullish, though traders will be looking for more favourable macro conditions, and less doom and gloom from President Trump. Analysts have predicted a series of possible Bitcoin price targets for 2025, and if those predictions play out, then altcoins are likely to experience the long-awaited altseason and outperform Bitcoin. For those wondering what crypto to buy now for high returns, the current dip provides ample opportunity for savvy traders and long-term investors. 

 

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Filed under: Bitcoin - @ May 25, 2025 8:49 pm