Bitcoin Price Predicted to Hit $90K as Saylor Buys $285M Despite $6B Losses on Q1 BTC Purchase
Bitcoin price consolidates above $83,500 on Tuesday as MicroStrategy doubles down on BTC after a lull performance in Q1 2025. With institutional confidence as analysts forecast a parabolic BTC rally toward $90,000.
Saylor’s announces another $285M Bitcoin purchase after reporting losses for Q1 2025
Strategy (Formerly MicroStrategy) founder and executive chairman Michael Saylor has once again reinforced commitment to the infamous Bitcoin strategy this week. Despite lackluster market performance so far in 2025, Saylor announced the purchase of an additional $285 million worth of BTC on Monday.
Notably, the latest purchase comes a week after firm’s reported a staggering $6 billion on its Bitcoin purchases in Q1 2025.
According to data from SaylorTracker, the firm spent $7.6 billion on BTC purchases since the start of the year, with unrealized loss reaching $6 billion as BTC price plunged below $80,000 last week, under pressure from US trade war.
As seen in the chart above, the latest buy brings MicroStrategy’s acquired 3,459 BTC for an approximate price of $285.5 million on Monday. This brings the firm’s total BTC holdings above 531,664 at press time valued at a $44 billion. Despite the short-term losses in Q1, the firm is posting $8.4 billion gains on its total holdings, reflecting 24% profit.
This aggressive accumulation comes at a pivotal moment for Bitcoin, which is currently consolidating near the $83,000 mark following a high of nearly $85,000 when hawkish US CPI reports sparked a brief buying frenzy last week.
Bitcoin Price Forecast: BTC Eyes $87,000 as MACD Momentum Turns Positive
Bitcoin price forecast suggests bullish continuation toward $87,000 after reclaiming short-term control above the mid-Bollinger Band ($82,505). BTC is trading near $83,855, finding support above this midline, signaling increasing upward pressure. The Bollinger Bands have slightly constricted, indicating a potential breakout.
BTC price hovering above the median line of the bands implies bullish dominance in the short term, especially with the upper band around $87,142 acting as the next major resistance.
On the MACD, the blue signal line has crossed decisively above the orange baseline, and histogram bars remain positive and rising. This bullish crossover and growing momentum suggest upward acceleration. Should bulls clear $85,000 convincingly, Bitcoin could surge to test the $87,000 resistance.
Conversely, a close below the $82,500 level could reintroduce bearish momentum, exposing BTC to the lower band support at $77,867. However, the current structure leans bullish with momentum favoring higher highs.
Frequently Asked Questions (FAQs)
MicroStrategy sees long-term value in Bitcoin and is doubling down, viewing recent losses as a temporary market pullback.
Analysts forecast BTC could hit $90K as institutional demand and technical indicators signal bullish momentum in Q2 2025.
MicroStrategy holds over 531,664 BTC, valued at approximately $44 billion, despite $6B in unrealized Q1 losses.
ibrahim
Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.
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.
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