Bitcoin (BTC) Price Prediction: Bitcoin Holds Firm Above $116K as Fidelity’s $97M BTC Buy Keeps $138K Target Alive
A recent purchase of $97.7 million worth of BTC by Fidelity Investments has reinforced market confidence, aligning with technical signals that point to further upside potential before 2025 closes. Bitcoin Holds Above $11...
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A recent purchase of $97.7 million worth of BTC by Fidelity Investments has reinforced market confidence, aligning with technical signals that point to further upside potential before 2025 closes.
Bitcoin Holds Above $116K After Parallel Channel BreakoutBTC price action remains constructive, with Bitcoin trading within a well-defined parallel channel. The latest breakout above $116,300 triggered a wave of liquidations for overleveraged futures traders, but this move is historically seen as a bullish setup. Data from TradingView indicates that similar breakouts have led to gains of 10–20%, setting the stage for a possible advance toward $138,000 in the final quarter of 2025.
Bitcoin is expected to dip to $100K in the coming weeks, rally to $138K by late 2025, and then enter a multi-year corrective downtrend starting in 2026. Source: JalilRafieefard on TradingView
The price of Bitcoin has been on a low-slope uptrend for much of the year, following a two-year bull cycle that began in 2023. Analysts now expect the uptrend to persist until year-end before a potential corrective phase begins in 2026. Short-term projections suggest BTC could revisit the $100,000 range over the next 15 days before resuming its climb toward the $138K zone.
Fidelity’s $97M BTC Buy Strengthens Bullish OutlookFidelity Investments’ recent purchase of 836.75 BTC, valued at nearly $97.7 million, underscores growing institutional participation in the Bitcoin market. This accumulation comes just after the U.S. Federal Reserve cut interest rates by 0.25% on September 17, 2025, a move aimed at stimulating a slowing job market amid persistent inflation concerns.
Fidelity has bought 836.75 BTC valued at $97.7 million, signaling continued institutional confidence in Bitcoin. Source: Whale Insider via X
According to SoSoValue data, Bitcoin ETFs recorded a record $163 million in net inflows on September 18, pushing year-to-date ETF inflows to $20 billion. This surge highlights rising demand from professional investors, many of whom are treating Bitcoin as a long-term hedge against macroeconomic uncertainty. Fidelity’s involvement adds further credibility, with the firm continuing to expand its crypto services since first launching Bitcoin trading in 38 U.S. states back in 2018.
Market Sentiment and Institutional AdoptionBitcoin’s market cap currently stands at $2.33 trillion, reflecting renewed investor confidence in the asset’s long-term value. The latest institutional buys echo a broader trend of traditional finance players embracing crypto. This shift is further reinforced by major firms like BlackRock and Grayscale, which have also seen rising inflows into their Bitcoin ETF products.
Bitcoin (BTC) was trading at around $116,398, down 0.63% in the last 24 hours at press time. Source: Bitcoin Price via Brave New Coin
Fidelity’s decision also signals a change from its earlier cautious stance. Tom Jessop, head of Fidelity Digital Assets, had once expressed concerns about Bitcoin’s volatility, but the firm’s latest move suggests a stronger belief in Bitcoin’s role as a core portfolio asset.
Bitcoin Price Prediction: Year-End Rally Still in PlayLooking ahead, analysts expect Bitcoin to maintain its upward bias through the last quarter of 2025, with the $138,000 level emerging as a key target before the next potential market correction. The breakout above $116,000 serves as a crucial confirmation point, and sustained closes above this level could open the door for further gains.
While the market may experience short-term volatility, the combination of institutional buying, ETF inflows, and macroeconomic tailwinds suggests that Bitcoin’s bull case remains intact. For traders watching BTC price prediction 2025 trends, this could represent one of the final opportunities to capture upside before a possible 2026 downtrend sets in.
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