Bitcoin Hyper Presale Tops $12M, Saylor Eyes Buy
After a brief 4% rally on Powell’s rate-cut hint, Bitcoin lost gains and is now testing support at its 100-day EMA—a level that sparked a 25% rally in June. MicroStrategy’s Michael Saylor signaled another BTC purchase, noting “Bitcoin is on sale.” His firm spent $69 million this August and holds 629,376 BTC (worth $73 billion). Fundstrat’s Tom Lee argues the 2025 bull cycle is only getting started, with institutions leading demand and retail buyers still on the sidelines. Meanwhile, Bitcoin Hyper (HYPER) plans the fastest Layer-2 upgrade for Bitcoin, adding dApps, smart contracts, and DeFi via a Canonical Bridge and Solana Virtual Machine. Its presale is nearing $12 million, reflecting growing investor interest. Traders should watch for institutional buys, support tests at key EMAs, and Bitcoin Hyper presale milestones, all of which could drive both short-term volatility and longer-term price gains.
Bullish
Michael Saylor’s hint at further Bitcoin accumulation and Tom Lee’s assertion that the 2025 bull cycle is only beginning bolster bullish sentiment. Historically, Saylor-driven institutional buys have catalyzed multi-week rallies, as seen when MicroStrategy added Bitcoin in Q1 2021 ahead of a 50% price surge. The technical bounce at the 100-day EMA also aligns with previous support-led breakouts. Meanwhile, the near $12 million Bitcoin Hyper presale signals strong capital inflow into Bitcoin Layer-2 solutions, suggesting growing demand for scalable on-chain services. These factors combined point to a bullish outlook: continued institutional buying, technical support holds, and new ecosystem growth via Bitcoin Hyper could sustain upward price momentum in both short and long term.