Bitcoin Advocates Question U.S. Economic Data Reliability as Saylor Hints at New BTC Purchase

Prominent Bitcoin supporters, including Anthony Pompliano, are raising concerns about inconsistencies in U.S. economic reports, citing revised employment numbers and potentially inflated GDP growth figures. These criticisms align with findings from a 2024 American Statistical Association study and gain weight from U.S. Treasury Secretary Scott Bessent’s admitted skepticism toward official data. Meanwhile, Michael Saylor’s tease of another Bitcoin acquisition adds fuel to the crypto community’s discussion about Bitcoin’s role as an alternative to traditional financial systems.

Bitcoiners Call Out Discrepancies in US Economic Data

Trust in U.S. economic figures is waning, with Bitcoiners led by Anthony Pompliano criticizing the disconnect between official data and reality. Pompliano highlights issues with revised employment figures and overstated GDP growth, echoing concerns raised in a 2024 study by the American Statistical Association. He relies on the admission of U.S. Treasury Secretary Scott Bessent who expressed distrust in the data.

Saylor Teases New Bitcoin Buy After $7.69 Billion Q1 Buying Spree

Michael Saylor, the Bitcoin (BTC) proponent and co-founder of Strategy (MSTR), has hinted that the company may announce an additional BTC purchase this week. The revelation comes shortly after the company expected a net loss in Q1 due to unrealized losses on its massive BTC holdings. Since the beginning of the year, the company has added 80,785 BTC to its balance sheet, raising a total of $7.69 billion during Q1, with over half coming from common stock sales. Most of these funds were used to buy bitcoin. On Sunday, Saylor posted a BTC holdings tracker, a move that typically precedes a purchase announcement, commenting that there are “no tariffs on orange dots,” implying that the company’s BTC purchases were unaffected by reciprocal tariffs.

Is Bitcoin Price At Risk Of Short Term Sell Pressure?

It’s a new week for the market and investors are eager to see whether Bitcoin price will stick to a recovery trajectory. Especially with recent changes in the market triggering a shift in holder dynamics. Bitcoin price just concluded last week with a 2.29% gain from its weekly opening to closing price, marking its second week in the green since March 30th, despite starting the week bearishly. The return of demand is noted, but uncertainty still prevails in the market, with the latest fear and greed sentiment hovering at 45, in fear territory. This uncertainty signals potential for short-term profit-taking, as the price had already dipped by 1.79% from its opening price on Sunday.

Bitcoin Whales Surge as Trump’s Tariff Pause Sparks Market FOMO

Bitcoin surged back into the spotlight this weekend after President Trump unexpectedly announced a 90-day pause on key tech tariffs on Wednesday. This move reignited risk appetite across the crypto market. The pause exempts products like smartphones, computer chips, and other critical components from previously announced 125% reciprocal tariffs on Chinese imports, sparking a notable rise in Bitcoin whale activity. According to on-chain analytics platform Santiment, the number of wallets holding 10 or more BTC has jumped by 132 in just 24 hours, indicating that high-stake investors are moving back in.

Bitcoin (BTC) Bulls Push Through 50-Day SMA, Price Ready For $94K

Bitcoin (BTC) price has surged through the 50-day Simple Moving Average (SMA), signaling a continuation of its bullish momentum. The next major resistance lies at the 200-day SMA, located around $87,250. A breakout above this resistance level could pave the way for Bitcoin to reach $94,100, a key target in its current price rally. The recent breakout through the 50-day SMA is widely seen as a bullish signal, suggesting that Bitcoin is gaining strength and could be setting the stage for further upward movement.