Bitcoin Price in Focus as On-Chain Activity and Technical Signals Converge

Strive has expanded its Bitcoin treasury with another 3,311 BTC purchase valued at approximately $276 million. The acquisition brings its recent accumulation to 11,417 BTC in less than two months, highlighting continued corporate exposure to the cryptocurrency. Meanwhile, the Bitcoin price structure has drawn attention after a rebound from the lower boundary of an ascending parallel channel. Crypto analyst Ali Charts identified $88,000 as the next potential target, followed by $93,000 if bullish momentum continues. Strive purchased 3,311 Bitcoin at an average price of $84,500 last week, according to Lookonchain.

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