Ah, the Bitcoin price, forever oscillating between dazed hopes and outright despair, now lurches around the dizzying height of $95,000. It’s become the adult version of staring at the fridge door, hoping something magical might appear, except it’s just a slew of analysts arguing over whether we’re seeing bullish rainbows or the ominous clouds of bearish doom. CryptoQuant CEO Ki Young Ju—a name that rolls off the tongue like out-of-date cryptocurrency—has sparked a fracas with his latest cost basis analysis, leaving investors caught between panic and the vague feeling they may require therapy.
Bitcoin Price & Key Cost Basis Breakdown: Why $95K is Critical For Many Investors
In an earth-shattering tweet (if by “earth-shattering” you mean mildly interesting to people with no social life), Ki Young Ju reveals how much everyone’s spent getting into this crypto carousel:
- ETFs/Custody Wallets: $89,000 (because institutions thrive on existential dread)
- Binance Traders: $59,000 (a haven for the retail brigade)
- Mining Companies: $57,000 (the price where miner tears might flow)
- Old Whales: $25,000 (proving that sometimes, nostalgia isn’t worth the cost)
So, who’s drowning in regret and who’s just wading? Institutional investors are nearly hitting break-even—impressive, given their penchant for throwing parties when market conditions are lackluster. Mining companies? Not so much. A drop below $57K could trigger a full-blown market meltdown reminiscent of 2018 and 2020. Meanwhile, MicroStrategy’s own Michael Saylor, the man with faith equivalent to that one friend who bungee jumps for kicks, has declared his unwavering devotion to Bitcoin.
“Bitcoin’s scarcity and institutional demand will redefine global treasury strategies.”
Michael Saylor’s $2B BTC Purchase Plan
Adding to the ostentatious tales of excess is Saylor’s audacious plan to raise $2 billion to, you guessed it, scoop up more Bitcoin. Because nothing screams “ I’m financially savvy!” like doubling down on the digital currency equivalent of Beanie Babies.
Strategy Announces Proposed Private Offering of $2.0B of Convertible Senior Notes. $MSTR
— Michael Saylor (@saylor) February 18, 2025
His monetary shopping spree serves as an awkward litmus test of corporate sanity, fueling the notion of Bitcoin as a hedge against inflation. Or, as some might say, a way to make your accountant weep.
Key BTC Price Levels To Watch
As Bitcoin tumbles beneath the glamorous $95K, a lucrative liquidation of $340 million occurs in just one day! The market’s as flat as a college student’s bank account. Let’s break down the critical areas that suggest whether we’re on the verge of “meet the father” or “keep swiping.”
$BTC
Long-term
– Based on Mars-Vesta Cycle thesis, this cycle top might reach its zenith on Oct 6, 2025.
(Mars Vesta Cycle Thesis cc: @Yodaskk )Worst-case/MaxPain scenario
– A repeat of 2021 Cycle could yield a dreadfully familiar floor of $75K-$70K (MaxPain scenario)
– Cycle peak around $120K-$150K…— MAXPAIN (@Mangyek0) February 18, 2025
Short-Term Scenarios:
Deviation Below VAL of $93.3K:
- Anything under the Value Area Low (VAL) of $93.3K suggests a downtrend as thrilling as watching paint dry, potentially dragging us back to the cozy support level of $88.7K.
Long Squeeze Target:
- As per a previous CoinGape revelation, dipping to $86K could spark a long squeeze and become a magnet for short-term traders, ever-hungry to snag a quick profit between gut-wrenching rides on this wild wave.
New All-Time High (ATH):
- A modest $120K Bitcoin price target is on the table for a new ATH in the short term—don’t get too excited!
- The optimistic targets flutter around $150K-$200K, even as our fragile hearts grapple with the current chaos.
Long-Term Scenarios:
Cycle Top Based on Mars-Vesta Cycle:
- Watch Date: October 6, 2025. According to revolutionary Bitcoin’s Mars-Vesta Cycle thesis, this date could parade Bitcoin to its sparkling cycle top.
Worst-case/MaxPain Scenario:
- Bottom Formation: $75K-$70K. Should Bitcoin decide to imitate last cycle’s pattern, this area represents a distinct possibility of some serious soul-searching.
- Cycle Peak: Look for a haunt around $120K-$150K in a worst-case scenario—because everyone loves twisted plot twists in their investment drama.
So folks, remember these numbers; they’re hot gossip amongst investors, especially as we dance precariously on the edge of something that might resemble volatility.
The Bottom Line: Balancing Risk and Opportunity
While Bitcoin’s steadfast $95K cost basis tests the patience of even the most stoic, long-term fundamentals are kicking like a toddler refusing a nap. Ki Young Ju reminds us, “Old whales at $25K show unshakable confidence,” whereas Saylor’s MicroStrategy continues to gobble up Bitcoin as if it were nearing its expiration date. Traders need to sweat it out between the $57K–$95K range; meantime, beyond that horizon, hodlers shall gaze at 2025’s halving cycle and wonder about the sweet sound of upward momentum.
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2025-02-19 12:31