Table of Contents:
Bitcoin (BTC) Must Hold $100,000: Otherwise, Bear Market Ends
According to a recent analysis by Cointelegraph, Bitcoin is on the verge of testing the support level that will determine the fate of the current bull market. If Bitcoin falls below the critical support of $100,000, it could signal the end of the bull market, as predicted by trader Roman. The BTC price is currently battling between bullish and bearish RSI divergences, with some traders viewing a dip just above the $100,000 mark as a buying opportunity.
"It looks definitely ugly as we have lost our upward trend and support at $112,000," Roman summarized in a comment on a BTC/USDT daily chart.
As Bitcoin's price has recently dropped by 15% from its all-time high of over $125,000, market sentiment has shifted. Roman has adjusted BTC price targets, indicating a potential retest of the $100,000 mark. If bulls fail to maintain this psychologically significant level, the outlook could worsen.
The Best Mining Providers at a Glance
» Infinity HashFrom our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.
» Hashing24A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.
Key Takeaway: Bitcoin's ability to hold the $100,000 support is crucial for the continuation of the bull market, with significant implications for market sentiment.
El Salvador Secures Bitcoin Reserves Amid Quantum Computing Risks
Heise Online reports that El Salvador, which made headlines in September 2021 by becoming the first country to adopt Bitcoin as legal tender, is now taking steps to enhance the security of its national Bitcoin reserves. This initiative comes in response to potential risks posed by quantum computing, which could threaten the cryptographic security of cryptocurrencies.
Despite the International Monetary Fund's pressure leading to the repeal of Bitcoin's legal tender status earlier this year, El Salvador continues to hold a substantial Bitcoin reserve. The country is now transferring its Bitcoin reserves to multiple addresses to improve security.
Key Takeaway: El Salvador is proactively securing its Bitcoin reserves against potential quantum computing threats, despite previous challenges in its cryptocurrency adoption.
Metaplanet Receives Green Light for Massive Capital Increase to Buy More Bitcoin
According to Wallstreet Online, Metaplanet has received approval from its shareholders for a massive capital increase to finance additional Bitcoin purchases. The company aims to acquire over 210,000 Bitcoin by 2027, having recently increased its holdings to 20,000 Bitcoin, valued at approximately $2.05 billion.
Shareholders approved the issuance of up to 555 million preferred shares worth around $3.8 billion. This strategic shift has resulted in a significant stock price increase of about 600% over the past year, although the stock has since lost more than half of its value from its June peak.
Key Takeaway: Metaplanet's aggressive growth strategy includes a substantial capital increase to expand its Bitcoin holdings, positioning it among the largest publicly traded Bitcoin holders globally.
Strategy Acquires 4,048 BTC for $450 Million
BTC-ECHO reports that Strategy, formerly known as MicroStrategy, has purchased 4,048 BTC for approximately $450 million, despite Bitcoin's recent price drop below $108,000. The average purchase price was $110,981 per Bitcoin, allowing the company to expand its holdings at a discount compared to previous highs.
With this acquisition, Strategy now holds a total of 636,505 BTC, valued at over $70 billion, making it the largest corporate Bitcoin holder globally. CEO Michael Saylor remains optimistic about Bitcoin's future, predicting significant price increases driven by ongoing demand.
Key Takeaway: Strategy's continued investment in Bitcoin underscores its commitment to accumulating significant holdings, reinforcing its position as a leader in corporate cryptocurrency investment.
Bitcoin Experiences Declining Volume Amid Bearish Sentiment
FXStreet highlights that Bitcoin is facing increasing bearish pressure, with declining trading volumes on both spot and futures markets. The price of Bitcoin has recently consolidated around the $110,000 mark, but analysts warn of growing selling pressure as the Relative Strength Index (RSI) indicates an oversold condition.
According to Glassnode, the spot trading volume has decreased by nearly 9% to $7.7 billion, reflecting weaker investor participation and uncertain market sentiment. The report suggests that lower volumes during price movements often indicate a lack of conviction behind recent trends.
Key Takeaway: Bitcoin's declining trading volume signals increasing bearish sentiment, raising concerns about the market's stability and future price movements.
Experts Confident That Bitcoin Bear Markets Are Over
FinanzNachrichten.de reports that top experts believe the era of Bitcoin bear markets may be over. David Bailey, CEO of Bitcoin Magazine, argues that Bitcoin will not experience significant bear markets in the coming years due to increasing institutional demand. He predicts that Bitcoin's value will continue to rise as more entities adopt it.
Michael Saylor, CEO of Strategy, echoes this sentiment, stating that as long as Bitcoin does not fall to zero, it could reach $1 million. He emphasizes that the current demand for Bitcoin will drive its price upward, suggesting that the cryptocurrency has moved past its most volatile phase.
Key Takeaway: Experts are optimistic about Bitcoin's future, suggesting that increasing institutional adoption will prevent future bear markets and drive significant price growth.
Sources:
- Bitcoin (BTC) muss 100.000 US-Dollar halten: Sonst droht Ende des Bärenmarktes
- Dienstag: iPhones wohl bald nur mit eSIM, El Salvador sichert Bitcoin-Reserve
- Massive Kapitalerhöhung: Aktionäre geben grünes Licht: Metaplanet kauft noch mehr Bitcoin - 02.09.2025
- Bitcoin-Rausch: Strategy kauft 4.048 BTC für 450 Millionen USD
- Bitcoin verzeichnet rückläufiges Volumen angesichts steigenden bärischen Sentiments
- Top-Experten sind überzeugt: Das Ende der Bitcoin-Bärenmärkte ist gekommen