Bitcoin price pumps 6% near $75,000 as short trades liquidate


Bitcoin price rose more than 5% on the evening of April 13, rising near the $75,000 level and recording its strongest intraday move in two weeks as traders reacted to a combination of macro pressure and technical positioning.

Assembly follows Several days of volatile tradingas Bitcoin price maintains a narrow range between support at approximately $68,000 and resistance at $75,000 amid geopolitical tensions. Linked to US-Iranian developments Over the past few weeks.

Earlier in the week, Assets slid About $70,000 after the collapse of diplomatic talks and the US naval blockade of the Strait of Hormuz, which pushed oil prices higher and put pressure on high-risk assets.

The move also comes at a time when broader markets remain under pressure. Oil prices rose above $100 per barrel Following the escalation of tensions In the Middle East, while expectations for near-term Fed rate cuts have diminished amid persistent inflation. Despite these headwinds, Bitcoin has shown resilience, holding above $70,000 over most of last week.

Bitcoin price and accumulation strategy

Bitcoin price began daily trading near $70,000 and rose significantly until Monday’s close. Analysts have pointed to a large group of leveraged short positions above the $72,000-$73,500 range, creating conditions for a quick upward move once resistance levels are broken. As prices rose through this range, liquidations accelerated the rally, sending Bitcoin’s price toward the top of its multi-week range.

Furthermore, Strategy’s STRC on-the-market (ATM) program reached a new milestone on April 13, 2026, as it became its preferred stock registered Over $1 billion of trading volume in a single day, with all activity occurring above the $100 par value required to trigger the issuance of shares.

This enabled the company to operate its ATM software at full capacity throughout the session.

Based on tracking estimates from Bitcoin for businessesThe volume generated revenues of approximately $796 million in a single day, funding the potential purchase of approximately 10,834 bitcoins at an average price of approximately $73,400.

This number represents more than 24 times the daily supply of Bitcoin mining after the last halving.

The increase comes on the heels of confirmation of net ATM revenue of $1.001 billion for the week of April 6-12, according to a recent Securities and Exchange Commission filing.

During that period, strategy acquired 13,927 BTC at an average price of $71,902. The company’s take rate – the share of eligible trading volume converted into revenue – rose to 81%, up from 45% in early March, reflecting more aggressive execution and strong market demand.

Recent weeks show a clear acceleration, with multi-billion dollar spells and increased efficiency in capital deployment. Monday alone approached 80% of the previous week’s total revenue, putting the current week on pace to become the biggest in the program’s history.

The strategy now holds approximately 780,897 Bitcoins, acquired at a total cost of approximately $59 billion. The STRC ATM program has generated more than $3.5 billion in revenue to date, cementing the company’s position as the largest bitcoin holder and signaling the continued expansion of its accumulation strategy.

Bitcoin price



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