Bitcoin price climbed above $75,000 on Monday evening, marking a 25% rebound from its February lows and reigniting bullish sentiment across the crypto market. The world’s largest cryptocurrency broke through the psychological level during U.S. trading hours after weeks of tight consolidation, posting its strongest price since early February.
Macro Stabilization and Risk Appetite Drive the Rally
The latest surge follows Bitcoin’s bottom near $63,000 in February amid escalated Iran–Israel War tensions. Since then, macroeconomic conditions stabilized and investor confidence returned as signs of easing tensions emerged around the Strait of Hormuz, a critical oil shipping route. Two commercial tankers transited the waterway on Sunday for the first time since the conflict began, after Iran indicated restrictions would apply only to vessels linked to its adversaries. Bitcoin’s performance has outpaced gold and the S&P 500 during this period.
Corporate Demand Explodes: Strategy and Metaplanet Lead the Charge
Corporate appetite for Bitcoin continues to expand. Earlier Monday, Strategy, led by Michael Saylor, disclosed the purchase of 22,337 additional bitcoins for approximately $1.57 billion. The acquisition increased the company’s total holdings to 761,068 BTC, with a combined market value of roughly $50 billion. Meanwhile, Tokyo-listed Metaplanet secured about $255 million from global investors to accelerate its bitcoin treasury strategy, with additional warrants that could raise total funding to more than $530 million for future purchases.
Caution Remains: $75,000 as Make-or-Break Support
Despite the rally, market participants remain cautious about declaring a full breakout. Bitcoin experienced several rebounds of similar magnitude during the 2022 crypto downturn before eventually falling to cycle lows below $16,000 following the collapse of FTX. For now, traders are watching whether bitcoin can maintain support above $75,000. A sustained hold above that level could open the door to a push toward $80,000, which previously acted as a key support zone before the early-2026 correction.
DCA Strategy in Focus: Jack Mallers Urges Long-Term Accumulation
Jack Mallers, CEO of Strike, recently argued that the current market structure favors long-term accumulation, urging investors to “turn on your DCA” (dollar-cost averaging). According to Mallers, bitcoin is trading near historically important support zones, and prolonged consolidation periods often provide some of the best opportunities to steadily accumulate the asset ahead of major market moves.