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2025-11-08 11:11:26

Bitcoin Price Analysis: $2 Billion Bitcoin Acquisition by Trump Media Now Underwater – Where Is the Onchain Support?

Bitcoin trades at $101,102 after an 8.54% weekly decline pushed Trump Media’s $2 billion Bitcoin acquisition underwater, despite some bullish bitcoin price predictions earlier this year that pushed BTC above $120k ATH. The company purchased between July 1 and 21, when Bitcoin traded around $118,000, and now holds over $1.3 billion in BTC as of September 30th. Trump Media reported a $54.8 million loss in Q3, despite generating $28.7 million from Bitcoin premiums and interest. DJT stock hit a 52-week low of $12.70, declining 16% over the past week. TRUMP MEDIA AND TECHNOLOGY GROUP HOLDS OVER $1 BILLION OF BITCOIN Trump Media and Technology Group ($DJT) has disclosed holdings of over $1.3 Billion of BTC as of September 30th 2025. $DJT holds $BTC . pic.twitter.com/WzAIOnN29y — Arkham (@arkham) November 8, 2025 Corporate Treasury Strategy Confronts Volatility Trump Media amassed its $2 billion Bitcoin stockpile at $118,000, joining Wall Street’s growing trend of digital asset treasuries. CEO Devin Nunes highlighted the “ massive bitcoin treasury ” as securing financial futures despite losses magnified by $20.3 million in SPAC merger legal fees. Revenues of $972,900 increased 10% from Q2 but remained below 2023’s $4.1 million annual total. Bitcoin’s decline since September 30 positions Trump Media for another Q4 loss. The Trump family’s broader exposure includes World Liberty Financial’s $5.76 billion in holdings and Official Trump Meme’s $6.30 billion in holdings. Notably, Trump Media has also recently announced expansion into prediction markets with Crypto.com. Critical Support Level Determines Bitcoin Price Prediction Bitcoin tests the 50-week EMA at $100,887, a moving average that has provided support in three previous bull market instances. The 780% advance from $15,000 to $132,000 over 24-35 months approaches the duration of a late-stage bull market. Secondary support ranges from $95,000 to $97,000, with major support at $85,000 to $90,000. Valuation metrics indicate that Bitcoin is 19% above its fair value. Whale accumulation patterns indicate consolidation expectations. Resistance emerges at $106,000, $110,000, and $120,000. Source: X/@fuelkek A successful defense of $100,000 support enables recovery toward $106,000-$110,000, followed by a possible advance toward $120,000-$150,000 over 2025-2026. However, a breakdown below $98,000 accelerates the decline toward $90,000 to $95,000. The near-term trajectory involves volatility between $95,000 and $110,000. Polymarket assigns a 48% probability to Bitcoin reaching seven figures first. BTC Hyper Brings Layer-2 Innovation to Bitcoin While Bitcoin tests critical support, its fundamental limitations remain – slow transactions and high costs keep it from DeFi, gaming, and payments. BTC Hyper brings Solana-speed transactions to Bitcoin through Layer-2 architecture. Users convert their BTC to access near-instant, low-cost transactions without sacrificing security. The presale raised $25 million, driven by demand for faster Bitcoin. From DeFi to NFTs and Web3 gaming, BTC Hyper unlocks real utility. Early participants can earn staking rewards up to 60% APY while the mainnet prepares for launch. To buy $HYPER , visit the official Bitcoin Hyper website and connect your wallet, like Best Wallet. You can swap crypto or use a bank card. Buy $HYPER Here. The post Bitcoin Price Analysis: $2 Billion Bitcoin Acquisition by Trump Media Now Underwater – Where Is the Onchain Support? appeared first on Cryptonews .

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