Bitcoin Price Prediction: Analyst Says Japan’s Banks Could Be Quietly Loading Up on BTC – Here’s Why
Bitcoin (BTC) has fallen to $104,818, down 1.68% in the last 24 hours as global tensions rise. This marks the third consecutive day of losses, extending the pullback from the $110,417 high reached earlier in the week. Ri...
Bitcoin (BTC) has fallen to $104,818, down 1.68% in the last 24 hours as global tensions rise. This marks the third consecutive day of losses, extending the pullback from the $110,417 high reached earlier in the week. Risk-off sentiment has kicked in after Israeli airstrikes on Iranian military and nuclear targets, and the US has started to withdraw personnel from the region.
This has triggered over $1.15 billion in crypto liquidations, with Bitcoin long positions accounting for nearly $448 million.
crypto markets just took a major hit from Israel-Iran escalation
Bitcoin dropped 5% to $103k, ETH fell 10% to $2.4k, with $1.2B in liquidations as geopolitical tensions spiked
but here's what everyone's missing while panicking
this is textbook risk-off behavior that creates… pic.twitter.com/ber9clDJqQ
As a result, BTC has broken below key levels, including the 50-period EMA ($106,783) and the 38.2% Fibonacci retracement level ($107,640). It’s now hovering just above the 23.6% Fib ($104,872).
Bitcoin Price Chart – Source: TradingviewDespite the decline, Bitcoin price prediction remains bullish as long as BTC hold above the $100,000 psychological level, indicating that underlying demand remains present, even in volatile markets.
Technical Outlook:
- Resistance: $105,948, $107,640, $108,864
- Support: $104,872, $103,169, $101,705
While the short-term outlook is bearish, new information suggests that Japan could be a major institutional player in Bitcoin accumulation.
According to Jeff Park, Head of Alpha Strategies at Bitwise, Japan’s macroeconomic environment makes it an ideal candidate for large-scale Bitcoin exposure.
Bitcoin’s Next Mega-Buyer? Watch Japan Closely, Says Bitwise Exec https://t.co/2DCysPxvNL
— Crypto Brothers (@LosKruptos) June 12, 2025Park pointed out that Japan has:
- Over $1.1 trillion in foreign reserves
- $8.7 trillion in pension and life insurance funds
He said even a small allocation of these funds into BTC would have a significant market impact and increase liquidity and institutional credibility.
Japan’s ties to global credit markets via the yen carry trade also make it more influential. If both Japan and the US start to build up their Bitcoin positions, it would be a coordinated shift in the global reserve asset narrative.
Bitcoin Long-Term Impact and Market ImplicationsDespite geopolitical headwinds and short-term volatility, analysts remain bullish on Bitcoin’s long-term trajectory if Japanese institutions begin to buy. The price holding above $100,000 means long-term investors are treating dips as buying opportunities.
Japan’s move could:
- Make BTC a neutral reserve asset
- Accelerate institutional adoption in Asia
- Diversify central bank reserves away from traditional fiat reserves. If that happens, we could see a new buying wave and a sustainable move above $110,000.
- Until then, macro and technicals will keep things range-bound.
With Bitcoin trading near $103K, investor focus is shifting toward altcoins, especially BTC Bull Token ($BTCBULL). The project has now raised $7,121,447.88 out of its $8,153,354 cap, leaving less than $1 million before the next token price hike. The current price of $0.00256 is expected to increase once the cap is hit.
BTC Bull Token links its value directly to Bitcoin through two core mechanisms:
- BTC Airdrops reward holders, with presale participants receiving priority.
- Supply Burns occur automatically every time BTC increases by $50,000, reducing $BTCBULL’s circulating supply.
The token also features a 58% APY staking pool holding over 1.81 billion tokens, offering:
The token also features a 61% APY staking pool holding over 1.73 billion tokens, offering:
- No lockups or fees
- Full liquidity
- Stable passive yields, even in volatile markets
This staking model appeals to both DeFi veterans and newcomers seeking hands-off income.
With just hours left and the hard cap nearly reached, momentum is building fast. BTCBULL’s blend of Bitcoin-linked value, scarcity mechanics, and flexible staking is fueling strong demand. Early buyers have a limited time to enter before the next pricing tier activates.
The post Bitcoin Price Prediction: Analyst Says Japan’s Banks Could Be Quietly Loading Up on BTC – Here’s Why appeared first on Cryptonews.
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