Bitcoin price remained range-bound over the weekend between $117,300 and $114,400 due to weak corporate demand and ETF outflows totaling $1.2 billion last week. Michael Saylor’s hint at renewed institutional interest in Bitcoin could boost market liquidity and trigger a positive price reaction.

MicroStrategy now holds 629,376 BTC valued at $72.3 billion, with profits reaching $25.9 billion. Saylor’s potential large-scale purchases may restore confidence among retail traders and strategic investors, encouraging a positive BTC price reaction.

Bitcoin price opens the week cautiously at $114,600, consolidating near the middle Bollinger Band. A break above $117,800 could signal further upside toward $121,700 and potentially retest $124,000. Downside support is at $111,700, risking losses toward $108,000 without increased corporate demand.

Bitcoin price is expected to remain range-bound between $114,000 and $118,000 without a significant increase in corporate demand. Traders are turning to speculative alternatives like Maxi Doge (MAXIDOGE) for high-risk, high-reward opportunities with 1000x leverage and no stop-loss.

The ongoing Maxi Doge presale has raised over $1.27 million toward a $1.53 million target, priced at $0.000253 per token. With two days left before the next price increase, interested traders can visit the official Maxi Doge website for early access.

Read more at Yahoo Finance: Michael Saylor Hints Fresh Bitcoin Purchases as All-Time Profits Near $26B