Bitcoin Breaks $75,000 with 25% Rally
Bitcoin price climbed above the $75,000 psychological level during Monday evening U.S. trading hours, marking its strongest price since early February. After several weeks of consolidation in a tight range, the breakout reignited bullish sentiment. From February lows near $63,000, the asset has rebounded nearly 25%, outperforming gold and the S&P 500 during the same period.
The rally was driven by improving macroeconomic conditions. In February, heightened geopolitical tensions linked to the Iran-Israel War pushed bitcoin down to around $63,000. However, signs of easing around the Strait of Hormuz—one of the world's most critical oil shipping routes—emerged over the weekend. Two commercial tankers transited the waterway on Sunday for the first time since the conflict began, after Iran indicated its shipping restrictions would apply only to vessels linked to its adversaries.
Corporate Demand Surge: Strategy and Metaplanet
Institutional appetite for bitcoin continues to expand. On Monday, Strategy, led by Michael Saylor, disclosed the purchase of 22,337 additional bitcoin 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 based on current prices.
International demand is also building. Tokyo-listed investment firm Metaplanet recently secured about $255 million from global investors to accelerate its bitcoin treasury strategy. Additional warrants could raise total funding to more than $530 million for future purchases.
Cautious Optimism and Key Resistance Levels
Despite the rally, market participants remain cautious about declaring a full breakout. During the 2022 crypto downturn, bitcoin experienced several rebounds of similar magnitude 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.
Expert View: Long-Term Accumulation Opportunity
Jack Mallers, CEO of Strike, has argued that the current market structure favors long-term accumulation. He urged investors to “turn on your DCA,” referring to the dollar-cost averaging strategy of buying bitcoin regularly regardless of price. 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.