Main notes
- ISHares Bitcoin Trust (IBIT) from Blackrock has recorded 19 consecutive sessions of $ 5 billion recently.
- Silor pointed out the gradual but positive, but positive, towards Bitcoin’s adoption, following the construction of the strategic bitcoin reserves.
- The BTC price again shows that the force is increasing from the decisive resistance of $ 100,000 and is close to its highest levels ever.
Michael Sailor, the founder of the strategy, stated that the reason for the price of bitcoin was not $ 150,000 is that their holders, even with long -term expectations, were selling their BTC holdings. However, he added that new investors started new entries.
Silor’s comments came while talking about Coin stories with Natalie BRUNLLL, saying: “I think we are going through alternately. Many of the non -economic interested parties revolve from the original.” However, at the same time, “a new group of investors enter.”
More investors who enter through the investment funds circulated in Bitcoin
Silor noted that many of these trustees lack “a long -term investor mentality for 10 years.” With the high price of Bitcoin, they saw it as an opportunity to secure liquidity, and display it as a favorable exit point.
Silor added People who adhere to the long term have finished the opportunity to go out, while a new group of investors now joins the vehicle through the investment funds circulating in Bitcoin, etc.
I saw the investment funds circulating in Bitcoin again strong flows led by Blackrock Ishares Bitcoin Trust (IBIT). Over the course of 19 consecutive trading sessions, Ibit has seen 5 billion dollars, while Bitcoin’s total bitcoz reaches 625,000 BTC.
Blackrock buys 3450 bitcoin
Now hold 625,000 Bitcoin
pic.twitter.com/hj7dknxi5o
Thomas Driver (thomas_fahr) May 10, 2025
Blackrock has been steadfast in the Bitcoin accumulation strategy since ETF approval. It also highlights the growing institutional appetite for the assets category. To return to it, the IBIT flows were given the Gold Investment Funds (GLD) is a round for its money.
Michael Sailor talks about BTC strategic reserves
During his recent interview, Michael Sailor was not surprised that the United States government had not yet bought Bitcoin for the strategic Bitcoin Reserve, which was created under an executive order signed by Trump on March 7. Currently, the BTC reserves that the United States government is fully seized through criminal or civil asset procedures. On the other hand, many American states such as Arizona, Tksas, etc., have approved decisive bills to make Bitcoin part of the government treasury.
However, Silor indicated that the government’s position on Bitcoin is not expected to turn positively after Trump’s inauguration. He said: “I was surprised that the United States has radically adopted Bitcoin as it was during the past six months. I think I did not expect all members of the cabinet to be very excited.”
Bitcoin currently shows great strength, with 8 % weekly gains and exceeds $ 103,000. Market analysts hope that BTC will reach its highest levels ever over 109 thousand dollars amid improving the conditions of macroeconomics and scales on the chain.
the next
Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Bhushan is enthusiastic about technology and carries a good tendency to understand the financial markets. His interest in the economy and financing draws his attention towards emerging technology markets and emerging technology. He is in a continuous educational process and keeps himself excited to share his acquired knowledge. In spare time he reads fictional excitement novels and sometimes explores his cooking skills.
The post Michael Saylor Explains Why Bitcoin Price Didn’t Hit $150K first appeared on Investorempires.com.
