Bitcoin rallied at the start of the week, climbing from about $105,000 on 8 June to more than $107,200 on 9 June. The move brought the world’s largest cryptocurrency to within roughly 5% of its record high, according to market data cited by analysts. Traders attributed part of the advance to renewed speculation that MicroStrategy co-founder Michael Saylor will announce another sizable Bitcoin purchase on 10 June. Saylor, whose company already holds one of the largest corporate stashes of the token, hinted at fresh accumulation without disclosing the amount or timing, bolstering bullish sentiment. Momentum indicators remain constructive after five consecutive weekly closes above $100,000 and four higher closes than those logged in December. Market technicians point to resistance around $106,500 and see a sustained break above $108,000 opening the door to possible tests of $112,000 and even $120,000, though some caution that the MACD is flashing mixed signals.