Strategy Holds Nasdaq-100 Slot—Saylor Says ‘Bitcoin Hoarding Will Continue’

Robert Kiyosaki has issued a warning about an impending global financial crash that could reset valuations, emphasizing that Bitcoin remains outside the weakening financial systems. He suggests that traditional markets are vulnerable, and Bitcoin may serve as a hedge against this instability.

Bitcoin is currently at a critical juncture, with its macro retracement aligning with a mid-range battle between $86,000 and $100,000. The market has confirmed bearish patterns, and while short-term support is holding, the potential for a deeper pullback looms as bulls struggle to regain momentum.

Analysts have identified that the selling of covered calls by Bitcoin veterans is significantly suppressing the cryptocurrency's price, despite traditional ETF investors showing a willingness to pay premiums for long positions. This dynamic has dampened potential price rallies in the market.

Onchain data indicates that Bitcoin has found strong support near the $80,000 price level, with multiple cost basis metrics confirming heavy demand and investor conviction. This development highlights a significant moment for Bitcoin as it stabilizes after recent fluctuations.

The annual Nasdaq 100 rebalance has resulted in the removal of six companies, while Michael Saylor's bitcoin treasury company, Strategy, successfully retained its position in the index, effective December 22. This retention highlights the company's ongoing significance in the cryptocurrency market despite broader market fluctuations.

Bitcoin mining revenue has remained low, with the hash rate showing resilience despite the challenging market conditions. This situation reflects the ongoing struggle of miners to maintain profitability as the hash price hovers near record lows.

Brazil's largest asset manager has recommended that investors allocate up to 3% of their portfolios to Bitcoin as a hedge against foreign exchange and market shocks, aligning with similar advice from global firms like BlackRock and Bank of America.