BTC has broken above its ascending triangle following 9 days of price consolidation. Is a bull run to $100k on the horizon?
Bitcoin is signaling strength and could be eyeing a bull run towards the $100k key psychological zone. BTC is trading at around $95,994 as of press time, per CoinMarketCap data. In the past 24 hours, Bitcoin’s trading volume has surged 33.83% percent signalling increased market participation amid a breakout.
Looking at the 4-hour chart, the king of cryptocurrencies has broken above an ascending triangle pattern formation around the $95,650 key resistance level with strong bullish candles. The short-term, mid-term, and long-term moving averages signal a “strong buy” with the Relative Strength Index (RSI) standing at 69. This suggests more buying potential.
Source: X
With a +4.71% open interest, Bitcoin’s rising demand could fuel a rally towards the psychological $100k soon. The long-short ratio stands at 1.0404 per Coinglass data, suggesting that some bearish pressure exists.
According to crypto analyst CaptainFaibik on X (formerly Twitter), if the breakout momentum holds, BTC could be eyeing the $98,000 zone as the next target. Traders are closely monitoring the buying pressure above the breakout zone for further insights.
Bitcoin futures open interest has surged 20% in the past 20 days, hitting over $26 billion, signalling increased activity in leveraged trading.
A look into Bitcoin’s on-chain activity signals a market shift among traders, with leverage heating up in April compared to Q1, 2025. According to data shared by crypto analyst Ali Martinez on X (formerly Twitter), BTC’s open interest jumped 20% over the past 20 days, topping $26 billion today.
Source:X
So, what does this mean?
With leveraged positions heating up, traders are pouring heavy capital into bets on BTC’s next moves. This means BTC’s movement in either direction could trigger serious liquidations and price volatility. Historically, the market experiences short squeezes or long squeezes, setting the stage for explosive price volatility.
While Bitcoin’s price is on the rise, more opportunities present themselves, but with associated risks. Leveraged positions signal increased investor confidence in BTC’s price movements but also present market volatility. Traders are closely monitoring liquidation pools for further insights.
23,000 BTC and 177,000 ETH options are set to expire today. Is a price volatility on the horizon?
April 18th- The crypto market is at a critical moment with massive options anticipating expiry. Traders are closely watching price action with expectations of potential sharp price movements. With many altcoins having notable price correlation with Bitcoin, the ripple effect could spread accross the market.
According to Crypto Rover on X (formerly Twitter):
ETH is currently trading between two major supply zones, that is $1,540 and $1,630. Crypto analyst Ali Martinez has shared this insight, citing that a breakout on either side could define the next move for the king of altcoins.
Source: X
With Bitcoin and Ethereum leading the crypto market, significant volatility affecting their prices is a market concern. Investors are closely monitoring the market to make their next moves.
The King of cryptocurrencies, Bitcoin, has found a strong support zone amid the current crypto market blood bath. BTC has faced significant price correction despite hitting $ 100k earlier this year. Per CoinMarketCap data, BTC was trading at $78.321k at press time.
With the global economy facing uncertainty and trade wars, traders wonder what’s next for Bitcoin as its price plunges.
The $ 74k-$70k zone is a strong support cluster
According to Glassnode data, traders hold over 175,000 BTC in the $74k-$70k zone, with the strongest pocket (50,000 BTC) sitting at $ 74.2k. Holders have been inactive since March 10, suggesting a “wait-and-see” sentiment. The $69.9k is another lower support band of Bitcoin’s cost basis, holding 68,000 BTC.
Source: Glassnode
Is it a Cooling-off period?
The King of crypto is trading below the Short-term holder (STH) cost basis of $89k. On-chain metrics suggest a historical cooling-off zone in bull markets. Market activity has decreased, with few new buyers. Traders seem to be waiting for a shift towards bullish market sentiment.
Bitcoin has become the world’s most valuable digital asset, attracting institutional investors and individual holders. With its growing adoption, many wonder: Who are the largest Bitcoin holders? From tech giants to early adopters, several entities hold massive amounts of BTC, influencing market trends and liquidity.
This article will explore the biggest Bitcoin holders and their impact on the crypto industry.
Who Are the Largest Bitcoin Holders?
Bitcoin ownership is divided into three main categories:
Publicly Traded Companies – Corporations that hold Bitcoin as part of their balance sheets.
Governments and Institutions – Countries and large organizations accumulate BTC as a strategic reserve.
Individual Whales – Early Bitcoin adopters, investors, and anonymous wallets with significant holdings.
Top Publicly Traded Companies Holding Bitcoin
Several companies have made Bitcoin a core part of their investment strategy. The most notable ones include:
MicroStrategy – The largest corporate holder of Bitcoin, owning over 190,000 BTC, led by Michael Saylor.
Tesla – At one point held 42,000 BTC, though Elon Musk’s company has sold portions of its holdings.
Block (formerly Square) – Holds 8,000+ BTC, emphasizing Bitcoin’s role in financial innovation.
Marathon Digital Holdings – A major Bitcoin mining company with thousands of BTC in reserves.
Coinbase – The popular exchange also holds significant Bitcoin assets.
Government and Institutional Bitcoin Holders
Governments across the world are accumulating Bitcoin, either through purchases or seizures from criminal activities. Some of the largest institutional Bitcoin holders include:
United States Government – Holds over 200,000 BTC, mostly seized from illegal operations like Silk Road.
China – Retains a large amount of Bitcoin from crypto crackdowns and asset confiscations.
El Salvador – The first country to adopt Bitcoin as legal tender, holding around 2,500 BTC.
Bitcoin ETFs – Institutions like BlackRock, Fidelity, and Grayscale collectively hold massive Bitcoin reserves through exchange-traded funds.
Individual Bitcoin Whales
Some of the largest Bitcoin holders remain anonymous or are well-known figures in the crypto space. Key individuals include:
Satoshi Nakamoto – The mysterious Bitcoin creator is estimated to own 1 million BTC, making them the biggest holder.
The Winklevoss Twins – Early Bitcoin investors reportedly hold around 100,000 BTC.
Tim Draper – The billionaire venture capitalist owns tens of thousands of BTC.
Crypto Whales – Several anonymous wallets hold BTC worth billions, influencing market movements.
Impact of the Largest Bitcoin Holders on the Market
The holdings of these major players significantly impact Bitcoin’s price and volatility. When large entities buy or sell BTC, it can lead to price swings, increased speculation, or stability in the market. Their influence shapes the future of Bitcoin adoption and institutional involvement in the crypto space.
Conclusion
The largest Bitcoin holders range from governments and corporations to early adopters and anonymous investors. As Bitcoin continues to gain mainstream adoption, these major players will play a crucial role in shaping its future. Whether through ETFs, corporate treasuries, or individual investments, the concentration of Bitcoin among these holders highlights its growing significance in global finance.
