Bitcoin Price Eyes $100k as Saylor Buys $1.42B BTC — Fed Decision Looms

By: cryptosheadlines|2025/05/03 06:30:01

Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Michael Saylor’s Strategy has doubled down on its Bitcoin bet, acquiring 15,355 BTC for $1.42 billion at an average price of $92,737—marking its third mega-purchase this April after buys of $555.8 million at $84,785/BTC and $285.8 million at $82,618/BTC. With a 13.7% YTD yield on its BTC holdings, Bitcoin price consolidates near $96k ahead of the May 7 Fed meeting.Bitcoin Technicals Signal Extended RallyAn interesting observation on the daily Bitcoin price chart is the extended bull runs after the 1-day RSI has crossed above 70. Such instances have historically resulted in 40% to 70% up moves in the next 30 to 40 days. As of May 3, Bitcoin’s daily RSI has just crossed the 70-mark. If history repeats, this could be the last time to accumulate Bitcoin below $100k. Bitcoin price 1-day chart showing RSI crossing 70Will Bitcoin price continue its ascent beyond $100k? Apart from technicals a macroeconomic policies, Trump’s trade war negotiations also impact the price of BTC. Macro Factors Influencing BTC Price Fed Meeting Impact on May 7There is a 97.2% probability that the rates remain unchanged at the 425 to 450 basis point range, according to the CME FedWatch Tool.Potential outcomes:A dovish tone from the Fed could result in a bullish leg propelling BTC to revisit $100k.On the other hand, a hawkish surprise could lead to a Bitcoin pullback to $92.2k support. A breakdown of this level could lead to steep corrections to $88k and $85.4k.CME FedWatch Tool rate probabilities The Dollar Index (DXY) weakensAs noted in previous CoinGape articles, the dollar Index, DXY, has collapsed nearly 11% in the past 100 days and current sits around 100.036. A further push into 100.820 could result in a steep rejection down to 91.Although the April Nonfarm Payrolls didn’t push DXY lower, the Fed’s decision on macroeconomic policy could drive US dollar lower. This development could propel Bitcoin price higher. Institutional DemandSpot Bitcoin ETF has noted $4 billions in net flows since March 25.Adding a tailwind to institutional accumulation is MicroStrategy’s total April buys reaching north of 25,370 BTC worth $2.44 billion.Critical Bitcoin Levels to WatchWith Nonfarm Payrolls out of the way, another volatile event, the Fed meeting on May 7, looms, which could induce volatility. Here are some key levels to watch for Bitcoin (BTC).Resistance Levels$108k (all-time high)$100k (psychological barrier)Support Zones$92k to $93k$88.4k $85.8kTo conclude, the overall Bitcoin price prediction remains bullish with targets beyond $100k in 2025. However, investors need to be cautious as BTC could chop around before it embarks on an exponential uptrend.Frequently Asked Questions (FAQs) MicroStrategy acquired 15,355 BTC for $1.42 billion at an average price of $92,737. Historically, this has led to 40% to 70% up moves in the next 30 to 40 days. A dovish tone could propel Bitcoin to $100k, while a hawkish surprise could lead to a pullback to $92.2k. ✓ Share: Akash Girimath Senior Cryptocurrency Analyst & Market StrategistEngineer-turned-analyst Akash Girimath delivers data-driven insights on cryptocurrency markets, DeFi, and blockchain technology for platforms like AMBCrypto and FXStreet. Specializing in technical analysis, on-chain analytics, and risk management, he empowers institutional investors and retail traders to navigate market volatility and regulatory shifts.A hands-on strategist, Akash merges active crypto portfolio management with research on Web3, NFTs, and tokenomics. At AMBCrypto, he led cross-functional teams to redesign content frameworks, achieving record-breaking traffic growth through scalable editorial strategies. His analyses dissect market sentiment, investment strategies, and price predictions, blending macroeconomic trends with real-world trading expertise.Known for mentoring analysts and optimizing workflows for high-impact reporting, Akash’s work is cited across global crypto publications, reaching 500k+ monthly readers. Follow his insights on YouTube, X, and LinkedIn for cutting-edge perspectives on decentralized ecosystems and crypto innovation. Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.Source link

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected

Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?

Bitcoin price prediction for July 2026: Can BTC recover to $70,000 or fall below $55,000? Explore ETF flows, key support levels, Fed outlook, and our Bitcoin forecast.

A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?

When the overall momentum of the Korean stock market is strong, this batch of cryptocurrency concept stocks, branded as the "Korean version of Strategy," finds itself at a crossroads of life and death.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

The most secretive AI winner

A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.

Looking at Stripe's ambitions and the future of stablecoins from OUSD

Stripe enters the stablecoin network battle with OUSD, a comprehensive look at the third paradigm evolution of digital dollars and the new infrastructure for global payments in the AI era.

From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?

The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.

Dan Bin's latest speech: Don't miss out on a great era

Don't let hesitation trap your steps, and don't let shortsightedness waste the passing years—make sure not to miss this magnificent era that belongs to us.

Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains

While laying off employees and issuing bonds, it is the predictive market business that temporarily supports the income.

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.

When American giants collectively "defect" from Chinese AI models

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.