📉 BTC could fall back to $70K if Strategy slows down its buying
Bitcoin rose to around $75,800 after Strategy disclosed a major purchase. But there is an important nuance now – the instrument they usually use to raise money for BTC has started trading below its “support” level. In moments like this, the market quickly remembers that demand support is not endless.
➡️ What happened
🟡 BTC gained about 2.7% and climbed to $75,800
🟡 Strategy bought 34,164 BTC for around $2.54 billion – one of its biggest purchases
🟡 In scale, this is comparable to roughly 2.5 months of new BTC mining supply
➡️ Why everyone is watching STRC
🟡 Most of the purchase was financed through STRC – the company sold about $2.17 billion of that security
🟡 Another roughly $366 million came from sales of regular MSTR shares
🟡 The logic is simple: when STRC trades around $100 or higher, it is easier for Strategy to raise money and buy BTC more aggressively
🟡 But since April 15, STRC has been trading below $100 – and that could slow fundraising already this week
➡️ Why this could hit BTC’s price
🟡 In previous periods, when STRC dropped below $100 and Strategy’s buying slowed, BTC often weakened as well
🟡 There were deep pullbacks, sometimes by tens of percent – it is not a rule, but the market remembers it
🟡 The backdrop is also unpleasant: tensions around Iran are again weighing on sentiment, and the truce is due to expire on Wednesday
➡️ Which levels are becoming important
🟡 $70,000 is a psychological level that could again become a target for a retest
🟡 On the chart, the nearest risk zone on a pullback is $67,000–$69,000
🟡 At the same time, the decline could be limited if the price holds above short-term moving averages, which often act as “dynamic support”
🟡 If, on the contrary, the market firmly breaks above the current range, many will see the next target around $82,700
➡️ How to read this now
🟡 If Strategy really takes a pause, the market will lose a noticeable portion of its “scheduled” demand
🟡 Then the price will become more dependent on Middle East headlines and overall market sentiment
🟡 In that setup, the logic is simple: less demand makes it easier for sellers to push the price toward support levels
Conclusion: BTC is still holding up well, but the key question of the week is whether Strategy will keep buying at the same pace. If STRC stays below $100 and the flow of purchases weakens, a test of $70K looks like a very realistic scenario.
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