Bitcoin Price Prediction: $87K Remains in Sight After Strive’s Biggest Buy in Four Months

• Bitcoin holds key $84,300 support as buyers target a recovery toward $87,220.
• BTC open interest cools to $54.74B, easing leverage from previous market extremes.
• Strive adds 2,000 BTC for $169M, lifting its total Bitcoin holdings to 29,462.

Bitcoin faces renewed short-term pressure as corporate accumulation and softer leverage shape the market outlook. BTC trades near $85,220 after falling 0.84% over 24 hours. However, the cryptocurrency remains 2.81% higher over seven days. 

Bitcoin Buyers Defend the $84,300 Region

Bitcoin’s four-hour structure remains constructive despite its retreat from the $87,000 area. BTC continues trading above its rising longer-term exponential moving averages.

However, price has slipped below the 20-period EMA near $85,373. This move signals weaker short-term momentum following the recent rejection.

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