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- Bitcoin hovers near 90K while big players move in different directions
Bitcoin hovers near 90K while big players move in different directions
Bitcoin trades near 90,000 dollars as Strategy stock, BlackRock flows, war risk and holder data pull price sentiment apart. You gain edge by tracking these flows and clear price levels.
What we will talk about today...
Saylor’s Strategy stock nears Bitcoin value line
BlackRock sells BTC and ETH, Bitcoin holds range
Venezuela strike stalls 91K breakout
Whale hype cools, long term holders accumulate

Strategy trades close to the value of its Bitcoin reserve, a key line for bulls and shorts.
[mNAV at 1.02]: Market cap plus debt, minus cash, equals about 1.02 times the Bitcoin stash, only a thin buffer above 1.00.
[Average buy 74K]: Strategy paid about 74,000 dollars per coin, a drop under 74,000 dollars turns the reserve into a loss.
[Stock discount]: Market cap sits near 47 billion dollars while the Bitcoin pile is worth close to 60 billion dollars.
“Once Strategy trades below Bitcoin value, many traders will prefer direct Bitcoin over the stock.”

BlackRock sells BTC and ETH, Bitcoin holds range
BlackRock sends coins to Binance, yet Bitcoin stays near 90,000 dollars.
[Sale size]: Transfer of 1,134 BTC worth about 101 million dollars and 7,255 ETH worth about 22 million dollars.
[Price reaction]: Bitcoin reclaimed 90,000 dollars after the sale and met resistance at that level again.
[Range view]: CryptoQuant sees a broad band between 90,000 and 120,000 dollars for much of 2026.
“For your strategy, closing above or below 90,000 dollars matters more than one BlackRock transfer.”
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Venezuela strike stalls 91K breakout
US strikes in Caracas hit risk sentiment and paused the next push above 91,000 dollars.
[Pullback]: Price reversed from near 90,940 dollars to under 90,000 dollars once news broke.
[Key levels]: Short term bulls watch support near the 21 day moving average around 87,850 dollars and targets near 96,000 to 100,000 dollars.
[Gold rotation]: Gold dropped about 6 percent from a 4,551 dollar high while Bitcoin gained around 5 percent since Christmas.
“Direction for January stays up as long as Bitcoin holds above the 21 day moving average,” traders say.

Whale hype cools, long term holders accumulate
Onchain data shows fewer fresh whale buys while patient long term holders start to add again.
[Whale myth]: Exchange wallet consolidation inflates large address counts, so many whale charts overstate buying.
[Net selling]: Adjusted data shows big holder balances and 100 to 1,000 BTC wallets trending lower, in line with ETF outflows.
[LTH bid]: VanEck reports long term holders back to net buying over the last month after a major selling wave.
“One of the main sources of sell pressure now looks lighter, which gives your long term plan cleaner entries on dips.”

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This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results

