With short-term holder losses narrowing to around -2%, the market is approaching a breakeven reset.
A daily close above $81,500 would flip this level into support and open the door toward the $87,000–$92,000 range. Failure to reclaim it risks another pullback toward the $76,500 zone, where newer investors’ cost basis sits.
4. Strategy Pauses Bitcoin Buys Before Q1 Earnings
Strategy (MSTR) paused its weekly Bitcoin purchases ahead of its Q1 earnings report, temporarily removing one of BTC’s most consistent corporate demand sources.
Michael Saylor said there were “no buys this week,” adding that the company would return to work next week. Strategy still holds 818,334 BTC, nearly 3.9% of Bitcoin’s maximum supply, after buying 3,273 BTC last week.