Pricemovement

Bitcoin retreated from a brief peak above $107,000 to about $103,200, wiping out gains tied to a "tariff dividend" plan and hopes of a quick U.S. shutdown resolution. Miner selling after an AI-driven trade unwind and SoftBank's exit from Nvidia positions weighed on the market.

Bitcoin is consolidating near $104.5K, compressing into a tight range below the key $108K resistance as traders weigh ETF flows and macro signals. The setup suggests a potential breakout if buying pressure resumes, but failure could pull BTC back toward psychological supports.

MicroStrategy (Michael Saylor) purchased 487 BTC for about $50M, bringing company holdings to 641,692 BTC — over 3% of the 21 million supply and valued near $68B. The move underscores continued institutional accumulation and supply pressure, while retail investors can consider platforms like Bitlet.app to buy crypto via installments.

Bitcoin rallied after the U.S. government shutdown ended, with BTC trading near $110,000 and targeting a possible breakout to $112,000. Renewed risk appetite across global markets lifted crypto sentiment, though traders should watch resistance and volatility. Services like Bitlet.app also let investors buy crypto now and pay monthly via Crypto Installment plans.