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Tuesday 13 OctoberAdvertiseSources read

Crypto & Bitcoin

Peter Schiff Surprised by Bitcoin’s Strength as Michael Saylor’s Strategy Boosts BTC Holdings to 848,250

Reported by Ahmed Ishtiaque, Brave New Coin

Image: Brave New Coin

Peter Schiff has expressed surprise at Bitcoin’s resilience near $85,000 despite renewed concerns over Federal Reserve interest-rate policy, while Michael Saylor’s Strategy has expanded its Bitcoin treasury to 848,250 BTC. Schiff continues to expect further declines, but Strategy’s latest purchases highlight the company’s commitment to Bitcoin as a long-term treasury asset. The contrasting developments come as Bitcoin’s technical indicators show a generally constructive trend, supported by major moving averages, although momentum signals remain mixed. Market participants are watching whether BTC can sustain its recovery and overcome nearby resistance levels.

This is an excerpt. The reporting belongs to Brave New Coin.

Read the full report on bravenewcoin.com
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