Saylor burns 17,000 BTC private keys

Michael Saylor confirmed plans to permanently destroy access to more than 17,000 Bitcoin, making them inaccessible and increasing network scarcity.

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✅ Slight Bullish Bias → Prefer LONG on confirmation $SOL


Long idea (safer entry):

• Entry: Above 88.2–88.5 (break of pullback structure)

• Stop: Below 86.7

• Targets: 89.8 → 90.3 → extension 91+


❌ Short only if:

• 30m candle closes below 86.7 with volume

• Then downside opens to 85.7 → 84.8


What the structure shows

1. Trend: Bullish (higher high, strong breakout candle).

2. Pullback: Healthy retracement after expansion.

3. Volume: Spike on breakout, cooling on pullback (not aggressive selling).

4. Key Levels:

• Support: 86.8 → 85.7 (Supertrend zone)

• Resistance: 88.8 → 90.2

#BTC whale liquidates positions

#Prediction markets face insider trading scrutiny

#Saylor burns 17,000 BTC private keys

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Michael Saylor’s strategy resulted in the purchase of $240 million worth of Bitcoin in its 101st acquisition. The strategy added 3,015 Bitcoin at $67,700 per coin, executing another purchase below the cost basis. This increased the total holdings to 720,737 BTC.

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breaking 🔥🔥🔥 Micheal Saylors Strategy has acquired 3,015 BTC for $204.1 million at ~$67,700 per bitcoin

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Anthony Pompliano’s ProCap Financial bought 450 bitcoin, becoming the 19th-largest public Bitcoin holder, as US spot Bitcoin ETFs pulled in $787M last week, ending a five-week outflow streak.

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Michael Saylor’s firm MicroStrategy has purchased another 3,015 $BTC, spending about $199 million on the latest accumulation. Steady conviction from them, and I’m curious how this plays out over time. 🚀