Bitcoin Price Prediction: Investors Enter Holding Pattern – Could This Propel BTC Higher?
Bitcoin is holding above $107,000 as traders digest mixed macro signals. The latest US core PCE data, the Fed’s preferred gauge, came in at 2.7% year-over-year in May, above the expected 2.6%. Core PCE rose 0.2% month ov...
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Bitcoin is holding above $107,000 as traders digest mixed macro signals. The latest US core PCE data, the Fed’s preferred gauge, came in at 2.7% year-over-year in May, above the expected 2.6%. Core PCE rose 0.2% month over month, while headline PCE only rose 0.1%, indicating sticky inflation.
This supports the Fed’s cautious tone on rate cuts. Fed Chair Jerome Powell advised being patient in upcoming decisions, citing inflation risks, including potential tariffs imposed by former President Trump. Despite this backdrop, Bitcoin is showing resilience, above $106,000, while other risk assets are showing stress.
There is no significant selling pressure even after hotter inflation numbers, so market participants are in a wait-and-see mode, waiting for further macro developments or confirmation of a technical breakout.
Metaplanet Doubles Down on BTCInstitutional confidence in Bitcoin remains, as Japanese firm Metaplanet doubles down on its strategy. The company raised $300M in zero-coupon bonds to accelerate its Bitcoin-only acquisition plan, reaffirming a bold long-term vision under CEO Simon Gerovich.
Recent filings indicate that Metaplanet purchased 1,111 BTC during the recent dip, to accumulate 21,000 BTC by 2026 and 210,000 BTC by 2027. This is similar to MicroStrategy’s model but takes it further—Metaplanet isn’t just integrating Bitcoin, it’s building its entire corporate thesis around it.
- $300M raised for BTC purchases
- 1,111 BTC added during market dip
- Target: 21,000 BTC by 2026, 210,000 BTC by 2027
- Bitcoin is Metaplanet’s only treasury asset
The company’s strategy could mark the beginning of a new wave of corporate adoption as its single-asset approach gains traction in Japan and abroad.
Bitcoin Technical Outlook: Consolidation Signals BreakoutOn the technical front, BTC/USD is approaching a breakout after a week of consolidation. Price is at $108,215, testing the upper boundary of the rectangle at $106,450-$108,980.
BTC/USD is nearing a breakout after a week-long range. Price is testing the $108,980 ceiling with a bullish engulfing candle and support from the 50-EMA. Entry: Long above $109,000
Targets: $110,448 / $111,944
Stop: Below $106,450Still range-bound pic.twitter.com/rX5K1QHqbc
A bullish engulfing candle has formed at resistance and price is above the 50-EMA at $106,257—so underlying strength is intact.
MACD is positive so momentum could return if volume comes in to support the next move. A close above $108,980 would likely lead to a test of $110,448 and then $111,944.
Bitcoin Price Chart- Source: TradingviewBitcoin Trade Idea:
- Entry: Long above $109,000 (confirmed breakout)
- Targets: $110,448 and $111,944
- Stop: Below $106,450
Alternatively, rejection at resistance could lead to a re-entry around $106,450 if buyers defend the mid-range. Until a clear breakout occurs, the Bitcoin price prediction signals a neutral bias in the short run, but a bullish structure is intact.
Bitcoin Hyper Presale Surges Past $1.74M as Price Rise NearsBitcoin Hyper ($HYPER), the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), has surpassed $1.74 million in its public presale, with $1,748,091.98 raised out of a $1,974,249 target. The token is priced at $0.012075, with the next price tier expected within hours.
Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.
The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and full rollout expected by Q1, $HYPER is gaining serious traction.
The post Bitcoin Price Prediction: Investors Enter Holding Pattern – Could This Propel BTC Higher? appeared first on Cryptonews.
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