Bitcoin Climbs 1% As Strategy CEO Phong Le Says BTC Fundamentals “Couldn’t Be Better”

The Bitcoin price edged up over 1% in the past 24 hours to trade at $88,477 as of 3:11 a.m. EST on trading volume that surged 54% to $37.6 billion.

This comes as Strategy CEO Phong Le says that Bitcoin market fundamentals have stayed strong in 2025, despite the drop in price and the sentiment declining towards the end of the year.

“The fundamentals of the market this year for Bitcoin couldn’t be better,” Le told the “Coin Stories” podcast on Tuesday.

According to Le, he does not care too much about the short-term performance of BTC, which has seen the asset drop around 29% from its all-time high reached in October.

Le said, “When you’re an investor, you think about the long term of the asset class.” Therefore, Bitcoiners focused on short-term price should be “fairly methodical and mathematical.”

“Which is why we focus on things like mNAV, why we built out the Bitcoin treasury, and why we built out the US dollar treasury,” he said.

Bitcoin Price Poised For A Rally

On the monthly chart, the BTC price has historically continued higher after extended consolidation phases within a rising channel pattern, with strong impulsive moves following momentum resets.

Similar structural pauses preceded major advances during prior bull cycles, including the expansions seen after long consolidations in 2016–2017 and 2020–2021.

The Bitcoin price action has remained above the long-term rising trend channel, as shown on the chart, with demand zones forming near key structural areas.

Major support regions include the mid-channel zone and the 50-day Simple Moving Average (SMA) around $56,200 on the monthly chart, which has consistently acted as dynamic support during bull markets.

BTC is now consolidating just below the $90,000 level, forming a short-term support zone within the broader uptrend. This consolidation is a testament to previous pauses that occurred before continuation moves. If BTC bulls defend this region, the price could still extend higher, maintaining the bullish structure that has been in place since late 2023.

However, the Relative Strength Index (RSI) on the monthly timeframe is currently near 53, hovering just above the neutral 50 level. This indicates cooling momentum rather than weakness, suggesting consolidation instead of a confirmed trend reversal.

BTC Price Prediction

Based on the BTC/USD monthly chart analysis, Bitcoin is preparing for a continuation move within a consolidation zone, while respecting its long-term rising channel.

If the BTC price regains upside momentum and pushes toward the upper boundary of the channel, it could challenge prior highs, with further extension possible if historical trend behavior repeats.

The next key targets, according to the historical movements, will be around the $170,294 area on the mid-range zone on the rising channel pattern.

The neutral RSI further supports this outlook, as major BTC advances have often begun from mid-range momentum conditions rather than overbought levels.

Conversely, if Bitcoin fails to hold the current consolidation range and breaks below channel support, the price could drop to the lower boundary around $74,700 in the long term.