Institutional Buying Spree on BTC Ramps Up; Bitcoin Breaks Above $113K

Bitcoin’s recent climb past $113,000 is drawing renewed attention from institutional players, with fresh purchases adding fuel to the bullish narrative even as technical signals warn of caution. Bitcoin’s recovery highlights how institutional accumulation is reshaping supply dynamics, even as technical signals warn of ￰0￱ look to price levels and market structures for clarity, just as Outset PR relies on media analytics to guide strategies that align perfectly with ￰1￱ Extends Its Accumulation On September 28, investment giant Strategy added 196 BTC at an average price of $113,048, continuing an 18-month buying spree that shows no signs of ￰2￱ firm’s total Bitcoin holdings now stand at a staggering 640,031 BTC worth roughly $71.7 billion representing about 3% of Bitcoin’s circulating ￰3￱ level of corporate ownership highlights the growing role of institutions in shaping BTC’s supply ￰4￱ soaking up coins from the open market, firms like Strategy reduce liquid supply, creating a backdrop of structural scarcity that underpins long-term bullish ￰5￱ PR Crafts Communications Like a Workshop, Powered by Data Founded by renowned crypto PR expert Mike Ermolaev , Outset PR operates like a hands-on workshop, building every campaign with market fit in ￰6￱ of offering random placements or templated packages, Outset PR carefully weaves a client’s story into the market context, showcasing what organic PR looks like: Media outlets are selected based on metrics like discoverability, domain authority, conversion rates, and viral potential Pitches are tailored to fit each platform’s voice and audience Timing is mapped to let the story unfold naturally and build trust organically Outset PR occupies a unique niche as the only data-driven agency with a boutique-level ￰7￱ media analytics and trend monitoring power every decision, so campaigns align with market ￰8￱ the approach feels collaborative — it’s like turning to a trusted friend who happens to be an expert.

Results-Oriented, Insight-Driven The agency is goal-oriented, so it pursues measurable ￰9￱ dive deep into each client’s aims, budget, and timelines to craft value-driven campaigns that resonate with the target ￰10￱ PR fuses performance-level analytics with high-touch ￰11￱ logically verified organic PR the key strengths of Outset PR include: Market ￰12￱ of Outset PR can gain recognition in the desired geo in merely a ￰13￱ ￰14￱ PR's proprietary system places branded content across high-discovery surfaces, combining editorial exposure with performance ￰15￱ method consistently generates traffic volumes far beyond standard Google visibility. Tier-1 ￰16￱ team helps its clients to craft tailored messages and select relevant angles to outreach directly to tier-1 journalists and ￰17￱ media relationships and a focused pitching cycle open doors where it matters and increases chances of consistent ￰18￱ Creation with Editorial ￰19￱ writers with backgrounds in journalism, analytics, and sales content develop materials that hit both editorial and strategic ￰20￱ Media ￰21￱ for early-stage projects, these campaigns boost search visibility by securing coverage in media that trigger syndication across major crypto newsfeeds — laying the groundwork for scalable or highly targeted PR ￰22￱ Outset PR Tell Your Story With Verifiable Impact BTC Technical Price Analysis: Above $113K, But Risks Remain) and reclaimed the pivot point at $111,245.

The RSI at 47 is recovering from near-oversold conditions, showing that momentum has improved after recent ￰23￱ bulls sustain daily closes above $112,000, the next key upside target sits at $115,400, the 23.6% Fibonacci retracement level. A break above this could reignite momentum toward higher resistance zones. However, the MACD histogram remains negative at -536, reflecting lingering bearish ￰24￱ to the caution, funding rates have flipped positive (+0.0014%), suggesting an increase in leveraged long positions that could set the stage for short-term corrections if the rally falters. Outlook: Institutional Scarcity ￰25￱ Fragility Bitcoin’s return above $113K underscores the resilience of institutional ￰26￱ Strategy alone holding nearly 3% of supply, the influence of corporate accumulation on market structure cannot be overstated.

Still, technical signals advise ￰27￱ long-term scarcity is bullish, the short-term landscape remains fragile: bearish momentum persists, and rising funding rates could expose the market to overleveraging ￰28￱ now, BTC’s ability to hold above $112K will be the crucial battleground. A sustained push toward $115,400 could confirm institutional buying power is outweighing short-term technical ￰29￱ Institutional buying continues to underpin Bitcoin’s long-term bullish case, but short-term risks remain as technical signals flash ￰30￱ challenge lies in balancing conviction with vigilance—mirroring how Outset PR balances creativity with data to craft PR campaigns that deliver measurable ￰31￱ in markets and in communications, the winners are those who recognize the signals early and act with precision when opportunities ￰32￱ can find more information about Outset PR here: Website: ￰33￱ Telegram: ￰34￱ X: ￰35￱ Disclaimer: This article is provided for informational purposes ￰36￱ is not offered or intended to be used as legal, tax, investment, financial, or other advice.