As the U.S. markets prepare to open, Bitcoin (BTC) 
$78,323 is witnessing a decline, with altcoins showing red signs once again. Today’s analysis focuses on three key aspects: the misperception that Strategy’s Bitcoin acquisitions have slowed this year, insights on SUI Coin, and the anticipated dead cat bounce scenario for BTC. Let us delve into the details.
Strategy’s Bitcoin Acquisitions
After the November elections, MicroStrategy, now rebranded as Strategy, confidently invested in 50,000 BTC, anticipating a rapid price surge. Their prediction proved correct, as BTC reached a groundbreaking all-time high of over $126,000. Consequently, MSTR shares also soared to record levels.
Investors have been claiming that Bitcoin acquisitions by companies have decelerated significantly compared to last year. However, this notion is merely a misconception. Facts reveal that in 2025, MicroStrategy added $21.48 billion to its Bitcoin reserves, just slightly below last year’s $21.97 billion. This indicates the potential to surpass last year’s figures with further acquisitions in the coming 20 days.
SUI Coin Potential
Today, an analyst known as DaanCrypto turned his attention to SUI Coin, a favorite amongst many analysts. He shared a chart that highlights a recent higher high and higher low pattern, expressing satisfaction with this development. The price finding support at the $1.55 range is seen as a positive sign, hinting at a potential rise to $1.8 amid increasing demand. Nevertheless, given the end-of-year volatility and the prevailing short-term selling pressure in the crypto market, such optimism should be approached with caution.
The Anticipated Bitcoin Dead Cat Bounce
Indicators like MACD and RSI are indicating an oversold market, a sentiment shared even by the most bearish analysts. This suggests an impending ‘Dead Cat Bounce’, a temporary recovery following a steep decline before further downfall. An analyst known as CryptoBullet concurs with this sentiment, predicting BTC will experience this bounce before dropping below $80,000.
“The monthly chart paints a clear picture. Why do I expect a reasonable Dead Cat Bounce before we drop below $80,000? The EMA21 acts as a crucial support level. When BTC peaks and forms the first wave of the bear market, it typically finds support and bounces back (forming a lower peak) on the EMA21 in the monthly timeframe. Following this Dead Cat Bounce, the EMA21 is eventually breached, and BTC gains downward momentum.”
