Bitcoin is above the EMA50 and EMA200 on the four-hour timeframe and is in its medium-term ascending channel. A break of the drawn trend line will lead to a decline in Bitcoin. If Bitcoin moves downwards towards the specified demand zone, we can look for its next buying opportunities. Maintaining the drawn trend line will lead to its reaching $120,000.
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important. If the downward trend continues, we can buy within the demand range.
Over the past 200 days, since Trump’s electoral victory, investment funds (ETFs) and major corporations have collectively purchased and withdrawn approximately 607,000 bitcoins from the market.
▪️ Around 200,000 bitcoins were acquired by ETFs.
▪️ MicroStrategy alone accumulated nearly 300,000 bitcoins.
▪️ The remaining 100,000 bitcoins were bought by other companies.
This substantial level of acquisition has removed a significant portion of bitcoin from circulation, creating what is known as a “supply shock”—a situation where the reduced availability of bitcoin could drive prices higher due to scarcity.
On February 6, 2025, Eric Trump declared that it was an opportune time to invest in bitcoin. Shortly after this statement, the price of bitcoin dropped by about 25%. However, the market soon shifted momentum, and bitcoin entered a strong upward trend. On May 22, Trump tweeted again, stating: “Hope you listened… This is just the beginning!”
Meanwhile, U.S. Vice President JD Vance is scheduled to speak at the Bitcoin 2025 Conference, set to take place on May 28 in Las Vegas.Earlier in March, President Trump signed an executive order establishing a “Strategic Bitcoin Reserve” and a “U.S. Digital Asset Reserve,” solidifying the government’s new, supportive stance toward cryptocurrencies.
The Vice President’s upcoming participation in this event underscores the seriousness of the administration’s digital asset policy and reinforces the likelihood that digital assets will gain a more formal and structured role within the U.S. financial and strategic reserve systems.
Jurrien Timmer, Chief Economist at Fidelity, believes that bitcoin surpassing the $100,000 mark signals its growing alignment with gold as a store-of-value asset. He suggests a 4-to-1 ratio of gold to bitcoin in a value-preservation investment portfolio.
Although bitcoin had a sluggish start in 2025, capital inflows into bitcoin ETFs have resumed—especially as macroeconomic conditions have begun to improve. While gold has posted gains of around 30% so far this year, bitcoin hasn’t matched that performance yet. Nonetheless, analysts continue to project significantly higher price targets for bitcoin within this same year.
Meanwhile, the crypto exchange Kraken announced that it will soon launch tokenized stock offerings for Apple, Tesla, and Nvidia. These tokenized stocks will be available for trading by users outside of the United States.
Importantly, these assets will be tradable 24/7—much like cryptocurrencies—which marks a major departure from the traditional trading hours of Wall Street. Kraken confirmed that the feature will roll out in the coming weeks, initially targeting regions such as Europe, Latin America, Africa, and Asia.
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important. If the downward trend continues, we can buy within the demand range.
Over the past 200 days, since Trump’s electoral victory, investment funds (ETFs) and major corporations have collectively purchased and withdrawn approximately 607,000 bitcoins from the market.
▪️ Around 200,000 bitcoins were acquired by ETFs.
▪️ MicroStrategy alone accumulated nearly 300,000 bitcoins.
▪️ The remaining 100,000 bitcoins were bought by other companies.
This substantial level of acquisition has removed a significant portion of bitcoin from circulation, creating what is known as a “supply shock”—a situation where the reduced availability of bitcoin could drive prices higher due to scarcity.
On February 6, 2025, Eric Trump declared that it was an opportune time to invest in bitcoin. Shortly after this statement, the price of bitcoin dropped by about 25%. However, the market soon shifted momentum, and bitcoin entered a strong upward trend. On May 22, Trump tweeted again, stating: “Hope you listened… This is just the beginning!”
Meanwhile, U.S. Vice President JD Vance is scheduled to speak at the Bitcoin 2025 Conference, set to take place on May 28 in Las Vegas.Earlier in March, President Trump signed an executive order establishing a “Strategic Bitcoin Reserve” and a “U.S. Digital Asset Reserve,” solidifying the government’s new, supportive stance toward cryptocurrencies.
The Vice President’s upcoming participation in this event underscores the seriousness of the administration’s digital asset policy and reinforces the likelihood that digital assets will gain a more formal and structured role within the U.S. financial and strategic reserve systems.
Jurrien Timmer, Chief Economist at Fidelity, believes that bitcoin surpassing the $100,000 mark signals its growing alignment with gold as a store-of-value asset. He suggests a 4-to-1 ratio of gold to bitcoin in a value-preservation investment portfolio.
Although bitcoin had a sluggish start in 2025, capital inflows into bitcoin ETFs have resumed—especially as macroeconomic conditions have begun to improve. While gold has posted gains of around 30% so far this year, bitcoin hasn’t matched that performance yet. Nonetheless, analysts continue to project significantly higher price targets for bitcoin within this same year.
Meanwhile, the crypto exchange Kraken announced that it will soon launch tokenized stock offerings for Apple, Tesla, and Nvidia. These tokenized stocks will be available for trading by users outside of the United States.
Importantly, these assets will be tradable 24/7—much like cryptocurrencies—which marks a major departure from the traditional trading hours of Wall Street. Kraken confirmed that the feature will roll out in the coming weeks, initially targeting regions such as Europe, Latin America, Africa, and Asia.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.