Gemini AI Predicts BTC Price as Strive Buys 1,355 Bitcoin
Bitcoin (BTC) has gained +$10,000 in less than a week, and corporate buyers are chasing it higher. Gemini AI Predicts the rally still has room to run, but the next few sessions will show whether this is a genuine trend change or a squeeze that ran out of fuel. BTC is trading near $85,340, up 4.6% over 24 hours after touching $87,330.
It is a sharp turnaround. Only days ago, the failed CLARITY Act vote in the Senate and the Federal Reserve's first rate hike since 2023 had pushed Bitcoin down to $75,000.
Since then, BTC has reclaimed $85,000 for the first time since January, with 24-hour volume at $62.6 billion and the market cap back above $1.71 trillion.
Strive is. The asset manager bought 1,355 BTC for $107.7 million at an average price of $79,475, lifting its treasury to 26,355 BTC now worth more than $2.2 billion.
The size stands out. Last week the company picked up just 469 BTC for $36.6 million, so this purchase is roughly three times larger. Strive funded it with non-dilutive preferred equity rather than debt, with preferred shares making up 57.7% of total capital raised and warrant exercises adding $21.2 million in gross proceeds. The company now announces its buys on a regular Monday schedule, which has become a weekly signal for the market.Strive is not alone. Strategy also returned to the market yesterday with 950 BTC, ending a multi-week pause.
Corporate treasuries make headlines, but ETF flows show where the broader money is going, and they just turned decisively positive.US spot Bitcoin ETFs took in $999 million on September 21, their strongest day in months. BlackRock's IBIT led with $381.4 million, followed by ARK's ARKB at $289.1 million and Fidelity's FBTC at $238.8 million. That single session wiped out the $746 million of outflows recorded on September 15 and 16, when the CLARITY Act vote rattled sentiment.
Total net assets across these funds now stand at $103 billion, with cumulative inflows of $56.62 billion since launch. In short, institutional buyers treated the sell-off as an opportunity rather than an exit.
The chart has genuinely changed character. Bitcoin cleared $82,303 on Monday, a level that had rejected it in both May and September, and that ceiling now sits below as support. The move carried the price to $87,330 before easing back.
The floor to defend: $82,300. Broken resistance should now act as support. Daily closes above it keep the breakout valid.
The next target: $90,000 to $92,000. With little resistance overhead, this zone is the natural next stop if ETF inflows hold up.
The bigger test: $98,330. This old level from 2025 is the last barrier before $100,000 and would likely take until year-end to reach.
The risk is speed. Bitcoin has run 13% in under a week, and today's 1.4% dip from the highs is a reminder that squeeze-driven moves can reverse fast. A daily close back under $82,300 would put $73,836 back in play. For now, though, corporate treasuries and ETF desks are buying the same dip.
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Read original story Gemini AI Predicts BTC Price as Strive Buys 1,355 Bitcoin by Daniel Francis at Coinspeaker.com
