Bitcoin price is less than 200,000 dollars: Michael Celor highlights the chance of traders in encryption Flash news details

The cryptocurrency market in the drafting of the comments was one of the influential personalities, and a recent statement issued by Michael Celor, CEO of Microstrategy, has caught great attention. On May 8, 2025, Silor tweet that Bitcoin (BTC) is still available at less than $ 0.2 million, indicating his bullish view of the long -term value of the original. This statement comes at a time when the Bitcoin price is uniformity of $ 95,000, with 24 -hour trading range between 94,500 dollars and 96200 dollars as of 10:00 am International time on May 8, 2025, according to data from Coinmarkcap. This price level reflects a modest increase of 1.5 % during the past week, but market morale is still mixed due to the pressure of the macroeconomic economy from the stock market. It is worth noting that the S& P 500 index decreased by 0.8 % on May 7, 2025, as it was closed at 5700 points, as Bloomberg said, which reflects caution for the investor amid high interest rate expectations. This weakening of this stock market has a direct impact on encryption, as risk origins often move alongside during periods of uncertainty. However, Silor’s suspension appears to oppose this landmark, focusing on Bitcoin’s growth capabilities despite the short -term fluctuations. For traders, the intersection of optimism for encryption and the wider market warned is a unique navigation, especially since the maximum bitcoin market hovers about $ 1.88 trillion, which represents more than 55 % of the total encryption marketing dominance on May 8, 2025, per Coingecko data.

From the trading perspective, the Silor statement can be a catalyst for the benefit of the retail investor, which may lead the procedures in the short term in Bitcoin and relevant assets. The relationship between securities market movements and encryption remains clear, as Bitcoin’s reaction to shifts in risk appetite was often. For example, when the NASDAQ boat decreased by 1.2 % on May 6, 2025, as it was closed at 18200 points, according to Reuters, Bitcoin saw a decrease of 0.9 % to $ 94,800 within the 24 -hour window, based on TradingView plans. This indicates that any additional weakness in the stocks can press BTC/USD below the decisive support level of $ 94,000. However, trading opportunities arise from this volatility – the study can monitor bitcoin pairs such as BTC/ETH, which witnessed a rise of 2.1 % to 38.5 ETH per BTC as of 8:00 pm UTC on May 7, 2025, indicating the relative power against Altcoins. In addition, the flow of institutional funds between stocks and encryption is worth seeing. According to a report issued by Coinshares, the Bitcoin investment funds recorded $ 120 million for the week ended on May 3, 2025, despite the stock market flows, indicating that some capital revolves in coding as a hedge. For encryption stocks such as Microstrategy (MSTR), which carries a large BTC in its public budget, the stock gained 3.4 % to $ 168.50 on May 7, 2025, for each Yahoo financing, reflecting optimism associated with the Sailor position.

Dive into technical indicators, the RSI’s relative strength index stands on the daily chart at 52 as of 9:00 am on May 8, 2025, for each tradingvief, which indicates a neutral momentum with an upward escalation space before it rises in the trading phase in 70. AM UTC on May 8, 2025, the increasing activity that may fed a tweet indicates that a tweet may fed. Silor. The scales on this chain support, with Glassnode reported a 12 % increase in active bitcoin to 620,000 on May 7, 2025, compared to the previous week. The links across the market remain tight-it is a 30-day correlation coefficient for 30 days with the S&P 500 is 0.68 as of May 8, 2025, for all data from InToteblock, which confirms the impact of stock markets on the movement of encryption price. For merchants, the main levels that must be monitored include the resistance at 96,500 dollars, where the pressure pressure has emerged historically, and its support at 93,800 dollars, tested twice in the past 72 hours. The institutional impact is also evident in the options market, as the open interest to summon Bitcoin has increased at a $ 100,000 strike for June 2025 by 25 % to $ 1.2 billion as of May 8, 2025, according to Deribit data, which reflects the long -term Saudi bets. By combining these factors, traders can develop potential collapse while maintaining caution against sales that depend on the stock market, ensuring risk management in this interconnected financial ecosystems.

Instructions:
What does Michael Sailor’s last statement mean for bitcoin merchants?
Michael Silor’s tweet on May 8, 2025, highlighting the price of Bitcoin less than $ 0.2 million, enhances his long -term updated view. For merchants, this may lead to a short -term purchase benefit, as shown in an increase of 18 % to 28.5 billion dollars on BTC/USD pairs by 10:00 am International time on the same day. However, twice the broader stock market, such as the S&P 500 decrease by 0.8 % on May 7, 2025, indicates caution, as the links remain high at 0.68.

How does the stock market movements affect the encryption assets now?
The decrease in the stock market, such as NASDAC’s decrease by 1.2 % to 18200 on May 6, 2025, directly affected Bitcoin, which decreased by 0.9 % to 94,800 dollars in the same period. This link highlights how morale risks in stocks can pressure encryption prices, although the Bitcoin investment funds have witnessed $ 120 million in flows for the week ending May 3, 2025, indicating some capital rotation to encryption.