Bitcoin Price Predicted to Hit $90K as Saylor Buys $285M Despite $6B Losses on Q1 BTC Purchase

ibrahim
April 16, 2025
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BTC Price Close to $100K as Soverign Fund that Rejected Bitcoin Reports $40B Loss

Highlights

  • Bitcoin price consolidates above $83k as Strategy buys $285M in Bitcoin, pushing holdings above 531,000 BTC amid Q1 unrealized losses.
  • Bitcoin holds above $82,500 support with bullish MACD crossover, indicating strength for a move toward $87,000 resistance.
  • Technical indicators hint at a Bitcoin price rally toward $90,000 if bulls maintain current trajectory.

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.

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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.

Strategy (Formerly Microstrategy) Total Bitcoin Holdings | Source: SaylorTracker.com
Strategy (Formerly Microstrategy) Total Bitcoin Holdings | Source: SaylorTracker.com

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.

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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.

Bitcoin Price Forecast
Bitcoin Price Forecast

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.

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Frequently Asked Questions (FAQs)

1. Why did MicroStrategy buy more Bitcoin despite Q1 losses?

MicroStrategy sees long-term value in Bitcoin and is doubling down, viewing recent losses as a temporary market pullback.

2. What is the outlook for Bitcoin after Saylor’s latest $285M purchase?

Analysts forecast BTC could hit $90K as institutional demand and technical indicators signal bullish momentum in Q2 2025.

3. How many Bitcoin does MicroStrategy currently hold?

MicroStrategy holds over 531,664 BTC, valued at approximately $44 billion, despite $6B in unrealized Q1 losses.
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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
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.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.