Michael Saylor - Billionaire Reveals How Bitcoin Hits $21M By 2046! BTC Prague 2025 Keynote Speech

Bitcoin is now challenging important technical levels between $113,000 and $115,000 after getting close to big supply zones between $115,600 and $117,300. The top cryptocurrency has gone against its usual bearish September trend and gained almost 6% for the month. However, it is currently going through a small correction before the Federal Open Market Committee meeting and the expected interest rate cuts. Technical research shows that the $111,000–$113,000 area is important support that looks like the breakout structure that happened in Q2, when Bitcoin rose from below $100,000 to break through $120,000 in July. The UTXO Realized Price Distribution (URPD) measure shows that 5.5% of Bitcoin’s supply is grouped together between $110,000 and $113,000, which means that a lot of Bitcoin has been bought in this price range. This technical support is much stronger because of the way wallets are moving around. For example, “Shark” wallets (100–1,000 BTC) have added around 1 million BTC since July 2024, and larger whale wallets have given away about 715,000 BTC. The fact that smaller, newer investors are buying up this supply shows that there is substantial underlying demand. The $113,000 mark could be one of the last big discount opportunities before prices start to rise again toward new all-time highs. #saylor #bitcoin #btc