ABTC Rallies In Pre-Market, BMNR Slumps As Bitcoin Nears Key Level That Analysts Are Watching This Week

• Crypto-linked stocks traded mixed in pre-market trading as Bitcoin hovered just below $75,000 after a recent rally.
• Strategy Inc. slipped slightly despite strong gains on Friday, amid speculation of fresh Bitcoin buying tied to a spike in STRC volumes.
• Circle and Bitmine declined in pre-market, while American Bitcoin extended gains following a strong prior session.

Crypto-linked stocks traded mixed in pre-market Monday, with ABTC extending gains and BMNR slipping, as Bitcoin (BTC) hovered just below $75,000. The divergence comes amid sustained bullish retail sentiment and growing focus on a key Bitcoin resistance level that analysts say could shape the direction of both crypto and related equities this week.

Trump family-linked American Bitcoin Corp (ABTC) closed in green on Friday, up by over 15%. The gains continued during pre-market hours on Monday, with ABTC’s stock price trading up by more than 3%. On Stocktwits, the retail sentiment around ABTC remained in the ‘bullish’ zone, while chatter around it stayed ‘high’ over the past day. 

Bitmine Immersion Technologies, Inc. (BMNR) closed in the green on Friday. However, BMNR’s stock was down more than 5% in pre-market trading. On Stocktwits, the retail sentiment around BMNR remained in the ‘bullish’ zone, while on Monday, chatter around it stayed ‘extremely high’ over the past day. 

MSTR Tanks, But Support Could be $150

Strategy Inc (MSTR), the largest corporate holder of Bitcoin, closed in green on Friday, up by over 11%. In pre-market hours, MSTR’s stock tanked over 2%, even as speculation around fresh large-scale Bitcoin buying continued to circulate. The move comes alongside a sharp spike in trading volumes tied to Strategy’s preferred stock (STRC), which has been used as a financing vehicle for Strategy’s Bitcoin purchases. On Stocktwits, MSTR was trending at number 5. The retail sentiment around MSTR remained in the ‘extremely bullish’ zone, while chatter around it stayed ‘high’ over the past day.  Some users on the platform see $150 as the support zone for the Bitcoin-proxy.

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Genius Group Limited (GNS) closed in the green on Friday but was up 0.8% in pre-market trading.  On Stocktwits, the retail sentiment around GNS remained in the ‘extremely bullish’ zone, while chatter around it stayed in ‘high’ levels over the past day. 

Block, Inc. (XYZ) also closed in green on Friday and remained flat during pre-market hours. On Stocktwits, the retail sentiment around XYZ moved to ‘neutral’ from the ‘bullish’ zone, while chatter around stayed in ‘high’ levels over the past day. In the last week, XYZ stock has seen over 200% chatter on Stocktwits. 

Circle Internet Group (CRCL), the issuer of the USDC stablecoin, closed in the red on Friday. The loss persisted in pre-market hours, and CRCL’s stock price traded down over 3%.On Stocktwits, the retail sentiment around CRCL remained in the ‘neutral’ zone, while chatter around it remained at ‘low’ levels over the past day. 

Bitcoin Holds Near Key Level

Bitcoin’s price was trading at $74,861, down by 0.6% over the past 24 hours. On Stocktwits, retail sentiment around BTC remained in the ‘bullish’ zone, while chatter remained at ‘high’ levels over the past day. 

Bitcoin is staging a strong early-week rebound, with Michaël van de Poppe attributing the move to typical pre-market risk-off positioning. He highlights weakness in gold as a sign that broader risk pressures are easing, supporting the bullish case for crypto. With the price still below the $77.3K level, van de Poppe sees room for further upside and expects Bitcoin to potentially push toward new highs this week.

Read also: $1M Bitcoin Is ‘Closer Than You Think’: Adam Back On The Next Demand Shock

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