Interests are the protagonists of every business story and also an eternal topic in our lives. Hello to all coin friends, the author is a student who has been engaged in financial market investment for more than ten years, specializing in cryptocurrency market analysis, providing excellent trading strategies for the majority of coin friends, and walking with consensus!
BTC consolidated on Sunday, sharing the latest news with everyone.
Recently, German Allianz Insurance made a significant purchase of MicroStrategy's convertible notes, heavily betting on Bitcoin. As the largest BTC corporate holder globally, MicroStrategy's main purpose for issuing bonds this time is to increase its Bitcoin holdings. Allianz Insurance's participation is particularly noteworthy, as they purchased 24.75% of the $2.6 billion bonds issued.
Moreover, MicroStrategy's recent bond issuance has also been a huge success. Originally planned to raise $1.75 billion, the issuance scale quickly expanded to $2.6 billion due to strong market demand, ultimately successfully raising up to $3 billion. It is reported that MicroStrategy's bond issuance has also attracted other heavyweight participants from Wall Street, including well-known financial institutions such as BlackRock, Schroders, and the Royal Bank of Canada. It is well known that BTC has been frequently blocked in its attempt to break through the $100,000 barrier recently. At this critical moment, the capital injection from large institutions such as Allianz Insurance undoubtedly brings new vitality to the market and further highlights BTC's growing influence in the traditional financial sector.
On the other hand, financial giant Charles Schwab, which manages up to $7 trillion in assets, has also shown a strong interest in cryptocurrency.
Rick Woster, president of Charles Schwab, revealed that as the industry's regulatory environment gradually clarifies, the company is planning to enter the spot cryptocurrency market. They manage a massive $7 trillion in assets and provide diversified investment services. Currently, Charles Schwab is actively preparing to invest in Bitcoin futures and cryptocurrency ETFs to meet customer interest in emerging investment tools. Currently, the company's market value has reached $147 billion, providing a solid foundation for its reputation in banking and investment services as well as its expansion in the digital asset space. Woster himself recently candidly admitted that he has not invested in any digital assets, which he considers foolish. In an interview, he expressed high attention to the cryptocurrency field and pointed out that many people have already gained substantial returns from it. He reflected, 'I have not purchased cryptocurrency, and now I feel foolish.' Lao Li uses this remark to respond to those who feel they missed the previous bull run, emphasizing that even high-level figures in finance missed the investment opportunities in the crypto space. Lao Li wants to say that this round of BTC's bull market has only just begun, and users with spare funds can still seize the opportunity to enter.
In summary, an objective analysis shows that many traditional financial institutions are rapidly adapting to and accepting the latest developments in the cryptocurrency market. This not only reflects these companies' keen insight into emerging investment trends and a deep understanding of customer needs but also demonstrates their firm confidence in the future development of cryptocurrency, which is closely related to all of us. This also indirectly confirms the viewpoint that Lao Li has always emphasized, under the long-term benefits of Trump's policy stance on BTC, institutions and funds are increasingly intensifying their investments in BTC, further confirming that BTC's growth potential is still enormous! A long-term perspective is needed, do not go against the trend, position yourself in advance, and Lao Li has always been in the market with spot transactions. What everyone needs to do is patiently wait for the day the market trend begins, and of course, under this premise, it is also necessary to manage risks and positions well, so as not to watch the bull move further away when it starts... Friends who are unsure should communicate with Lao Li before making plans.
Looking at the short term, BTC is currently priced at $97,338, in a retracement phase at the 4-hour level, with support levels to watch at 96,300/95,760. Enter long positions near 96,850-97,150, with profit-taking around 98,500.
