For Monday, April 13, 2026, the "Power Hour" has been defined by a major volatility reversal following weekend geopolitical tension. The "Power Hour" momentum was reinforced by massive institutional updates released this morning.
β‘ Today's Intraday Action
The most critical trading window occurred during the U.S. afternoon session (2:00 PM – 4:00 PM EST).
- The Reversal: Bitcoin erased a 4% weekend decline, surging from roughly $70,700 at the open to over $73,400 during U.S. trading hours.
- Geopolitical Driver: Tensions eased slightly after initial panic over a U.S. Navy blockade of the Strait of Hormuz (effective 10:00 AM ET today) and failed Iran peace talks.
- Equities Sync: The move higher coincided with a surge in U.S. stocks and a retreat in oil prices back below $100 per barrel.
- Current Price: Approximately $73,145 (as of 4:31 PM EST).
- 24h Change: +3.4%.
- Volume: $38.2 Billion, indicating high liquidity and active institutional participation.
π Major Today: Institutional Moves
The "Power Hour" momentum was reinforced by massive institutional updates released this morning:
- Strategy (MSTR) Buy: Reported a $1 billion purchase of 13,927 BTC at an average price of $71,902.
- Total Treasury: Their total holdings now reach 780,897 BTC, funded entirely through preferred stock (STRC).
- Market Signal: This represents their fourth-largest weekly purchase of 2026, signaling a "buy the dip" stance despite geopolitical risks.
β οΈ Ongoing Risks to Watch
- Strait of Hormuz Blockade: While markets recovered today, the blockade remains in effect, and any escalation could trigger a flight to "safe havens" like gold, potentially pressured Bitcoin.
- Fed Policy: Market focus is shifting back to the Fed, as a lack of rate cuts in 2026 and persistent inflation (Friday's CPI report) continue to weigh on long-term risk appetite.
Personalizing your Strategy
- Are you currently leveraged in your positions, or are you looking for a spot entry following this weekend's volatility?
- Do you need a breakdown of the Power Law "fair value" targets given the current price move above $73,000?
All responses may include mistakes. For financial advice, consult a professional. Learn more
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