|

Bitcoin Price Prediction: Binance Just Bought $100M in BTC – And They’re About to Drop $1 Billion More

Bitcoin (BTC/USD) is recovering and buying and selling close to $78,406 as it really works to stabilize after a big $2.5 billion liquidation. Binance started rebalancing its treasury by shopping for $100 million in Bitcoin throughout the latest worth dip, drawing consideration from the market. This is not only a single commerce. It marks the start of a $1 billion accumulation plan that goals to tie the world’s largest alternate extra carefully to Bitcoin, the principle asset in the crypto ecosystem.

The “Buy the Dip” Breakdown: Binance’s $1B SAFU Shift

On February 2, 2026, Binance formally kicked off its plan to convert everything of its Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin.

This emergency insurance coverage fund, arrange in 2018 to shield customers from main losses, is altering its danger profile to higher match crypto-native rules.

  • Initial Batch Completed: Binance transformed $100 million price of stablecoins into roughly 1,315 BTC.
  • Average Entry Price: The transaction was executed at a median worth of roughly $77,409.89 per coin as Bitcoin traded close to nine-month lows.
  • Ongoing Buying Pressure: With roughly $900 million in stablecoin shopping for energy nonetheless remaining, Binance intends to full the total conversion inside the subsequent 27–28 days.
  • The Floor Mechanism: Binance has dedicated to sustaining the SAFU fund at a $1 billion goal worth. Crucially, if worth fluctuations trigger the fund to drop beneath $800 million, the alternate will high it again up by buying extra Bitcoin, creating an implicit help mechanism for the market.

Market Momentum: The “Warsh-Driven” Stabilization

The broader worth motion is at present outlined by a “stabilization bounce” following a interval of maximum worry. The nomination of Kevin Warsh as the subsequent Federal Reserve Chair initially sparked a risk-off rotation that bolstered the U.S. Dollar, however Bitcoin has discovered resilient structural help close to the $74,500 mark.

  • Institutional Resiliency: While some retail sentiment has cooled, companies like Hyperscale Data proceed to broaden their holdings, now possessing over 575 BTC.
  • Sentiment Reset: The Fear & Greed Index not too long ago hit excessive lows of 17, a studying that traditionally alerts a possible market backside earlier than a aid rally.
  • Dominance Levels: Bitcoin maintains a commanding 57.55% market share, appearing as the first anchor for the whole $2.72 trillion crypto market capitalization.

Bitcoin (BTC/USD) Technical Analysis: Spotting the Next Breakout

Bitcoin worth prediction is strongly bearish as BTC’s every day chart reveals a battle between falling resistance and key Fibonacci help whereas the market searches for route. Bitcoin is now testing the 0.236 Fibonacci stage at $78,400. Staying above this stage is vital to keep away from dropping again to the $74,666 help.

Bitcoin Price Chart Source: Tradingview

The Relative Strength Index (RSI) not too long ago dropped to about 28, which is taken into account oversold. This means the latest sell-off was steep, and a robust brief squeeze could possibly be on the best way.

The worth stays beneath the 50-day EMA and 200-day SMA, which at the moment are robust resistance ranges round $85,000.

Significant liquidity swimming pools are discovered close to $70,837 and $67,387, which may act as magnetic help if the present rebound slows down.

Conclusion: A Strategic Bet on the Future of Money

Binance’s transfer to convert the SAFU fund is greater than only a steadiness sheet change. It’s a calculated guess on Bitcoin’s long-term function as a mainstream macro asset. By eradicating $1 billion in stablecoin publicity, Binance is signaling that it sees Bitcoin as the last word Premier long-term retailer of worth.

While short-term volatility remains to be high, regular shopping for from Binance and different establishments is making a strong base for the subsequent cycle.

Trade Idea: Watch for a confirmed every day shut above $80,700 to take into account a tactical lengthy entry, aiming for a transfer towards $88,000 with a stop-loss beneath $74,000.

Bitcoin Hyper: The Next Evolution of BTC on Solana?

d for safety, Bitcoin Hyper provides what it at all times lacked: Solana-level velocity. The consequence: lightning-fast, low-cost sensible contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.

Audited by Consult, the undertaking emphasizes belief and scalability as adoption builds. And momentum is already robust. The presale has surpassed $31.2 million, with tokens priced at simply $0.013675 earlier than the subsequent enhance.

As Bitcoin exercise climbs and demand for environment friendly BTC-based apps rises, Bitcoin Hyper stands out because the bridge uniting two of crypto’s largest ecosystems. If Bitcoin constructed the muse, Bitcoin Hyper may make it quick, versatile, and enjoyable once more.

Click Here to Participate in the Presale

The put up Bitcoin Price Prediction: Binance Just Bought $100M in BTC – And They’re About to Drop $1 Billion More appeared first on Cryptonews.

Similar Posts