BTC Price Prediction: Consolidation Phase Precedes Next Bullish Wave as Institutional Adoption Grows
Bitcoin Technical Analysis: Short-Term Consolidation Likely Before Next Move
Bitcoin is currently trading at $105,463, slightly below its 20-day moving average of $106,403, suggesting near-term consolidation. The MACD histogram shows bullish momentum building with a reading of 1,252, though the signal line remains in negative territory. Bollinger Bands indicate relatively stable price action, with BTC hovering NEAR the middle band. ’The technical setup points to a potential accumulation phase,’ said BTCC financial analyst Robert. ’A decisive break above the $106,400 MA could signal renewed bullish momentum, while support at $101,500 appears strong.’
Institutional Adoption and Regulatory Developments Fuel Bitcoin Optimism
Positive institutional developments are creating a favorable backdrop for Bitcoin. ARK Invest’s raised price target to $2.4 million by 2030 and BlackRock’s growing ETF dominance highlight increasing institutional confidence. ’The combination of institutional adoption and political support, evidenced by Senator McCormick’s $1M ETF investment, suggests strong fundamental support for prices,’ noted BTCC’s Robert. While technicals show short-term consolidation, the news FLOW indicates underlying bullish sentiment remains intact.
Ruya Digital Bank Partners with Fuze to Offer Sharia-Compliant Crypto Services
Ruya Digital Bank, a UAE-based Islamic digital-first bank, has entered a landmark partnership with licensed virtual asset platform Fuze. The collaboration marks the first instance of a Sharia-compliant financial institution offering direct cryptocurrency trading through its mobile application.
The alliance aims to reshape the UAE’s financial landscape by providing regulated, transparent digital asset solutions. Bitcoin is specifically mentioned as one of the supported cryptocurrencies, though the full asset roster remains undisclosed.
This strategic move bridges Islamic finance principles with digital asset innovation, creating a new paradigm for ethical crypto adoption in MENA markets. The integration appears focused on retail accessibility, with Ruya’s mobile platform serving as the primary conduit for services.
Tech Earnings and Trade Talks Fuel Market Rally as Bitcoin Rebounds to $93,000
US equity markets surged on April 25, with the Dow, S&P 500, and NASDAQ all posting gains. The rally was driven by strong tech earnings and a decline in Treasury yields, signaling renewed risk appetite among investors.
Optimism around US-China trade discussions further buoyed sentiment, though a comprehensive deal remains elusive. Macroeconomic data added fuel to the rally, with US durable goods orders jumping 9.2% in March—far exceeding expectations.
Bitcoin mirrored the risk-on mood, climbing back to $93,000 as capital flowed into digital assets. The move reflects broader confidence in tech and growth-oriented markets, with cryptocurrencies increasingly acting as a barometer for speculative appetite.
ARK Invest Raises 2030 Bitcoin Price Target to $2.4M in Bullish Scenario
ARK Invest has significantly revised its Bitcoin price target for 2030, now projecting a bullish scenario of $2.4 million per BTC—a 60% increase from its January 2024 estimate. The update reflects a 72% compound annual growth rate, driven by adjusted assumptions about active supply and institutional adoption.
The base case settles at $1.2 million (53% CAGR), while the bear scenario remains at $500,000. Analyst David Puell’s model evaluates Bitcoin’s potential across multiple sectors, including its evolution as "digital gold" and institutional investment vehicle. Bitcoin currently trades near $94,000.
Roger Ver Paid $600K to Donald Trump Ally to Fight Crypto Charges
Roger Ver, the early Bitcoin adopter once dubbed ’Bitcoin Jesus,’ is embroiled in a high-stakes legal battle. Federal prosecutors have charged him with mail fraud, tax evasion, and filing false tax returns related to his 2014 citizenship renunciation. The case centers on allegations of $48 million in unpaid taxes.
Ver has launched an unconventional defense strategy beyond the courtroom. Disclosure filings reveal he paid $600,000 to Roger Stone, a longtime Trump confidant, to lobby Congress for amendments to the tax laws underlying his indictment. The payments commenced in February through a newly formed advocacy group.
In a January video statement, Ver framed his case as existential for crypto advocates, claiming potential exposure to ’over 100 years in prison.’ He attributes the tax shortfall to illiquid Bitcoin markets during his transition from U.S. citizenship, not willful evasion.
Is Bitcoin a Risk-On or Risk-Off Asset? A Comparative Analysis with Gold and Stocks
Bitcoin’s classification as a risk-on or risk-off asset remains a pivotal debate among investors. Its decade-long trajectory showcases both explosive returns and stomach-churning volatility, setting it apart from traditional safe havens like gold or equities. The cryptocurrency’s inverse correlation with the U.S. dollar during risk-off periods suggests hybrid characteristics—behaving like tech stocks during bull markets while occasionally mimicking gold’s store-of-value narrative.
Market participants increasingly treat BTC as a leveraged bet on global liquidity. When central banks ease, Bitcoin thrives; when risk appetite sours, it often leads crypto selloffs. This duality creates unique hedging opportunities—portfolio managers now weigh BTC allocations against both Nasdaq futures and Treasury yields.
Bitcoin Whales Drive Market Recovery as BTC Rebounds to $94,000
Bitcoin’s price surge to $94,000 marks a sharp recovery from lows below $75,000 earlier this month. On-chain data reveals crypto whales—large holders with outsized market influence—are aggressively accumulating BTC, lending credence to the rally’s sustainability.
Glassnode’s Accumulation Trend Score, which measures net buying activity among wallet cohorts, shows entities holding 10,000+ BTC scoring 0.9 (near maximum accumulation). Mid-tier whales (1,000-10,000 BTC) follow at 0.7, while smaller wallets pivot toward accumulation with a 0.5 score. The metrics suggest institutional-grade conviction is returning to the market.
BlackRock’s Bitcoin ETF Predicted to Dominate Global ETF Market Within a Decade
Michael Saylor, Chairman of MicroStrategy, forecasts that BlackRock’s iShares Bitcoin Trust (IBIT) will become the world’s largest ETF within ten years. The bold prediction comes as U.S. spot Bitcoin ETFs collectively attract $2.8 billion in net inflows over five trading days, propelling BTC prices from $85,000 to $94,000.
IBIT alone captured $1.3 billion of these inflows, demonstrating institutional appetite for Bitcoin exposure. The ETF currently holds a $54 billion market capitalization with Thursday’s trading volume exceeding $1.5 billion. This growth trajectory positions IBIT to challenge traditional market leaders like the Vanguard S&P 500 ETF (VOO), which currently commands a $593.5 billion valuation.
Senator McCormick Invests $1M in Bitcoin ETF Ahead of Trump’s Crypto Policy Shift
Senator Dave McCormick of Pennsylvania has emerged as Congress’s largest Bitcoin investor, disclosing over $1 million in Bitcoin ETF holdings. The move comes as cryptocurrency takes center stage in U.S. politics, following Donald Trump’s pro-crypto campaign that secured his 2024 election victory.
The political landscape has shifted dramatically, with Trump’s early embrace of digital assets galvanizing the crypto community. Democrats, including Kamala Harris, scrambled to adopt crypto-friendly positions but failed to match Trump’s decisive stance. Now, with the former president returning to power, institutional and political adoption of cryptocurrency is accelerating.
Bitcoin Suisse Board Member Urges Swiss Central Bank to Hold Bitcoin
A Bitcoin Suisse board member has called for the Swiss National Bank to diversify its reserves by adding Bitcoin. The proposal underscores Switzerland’s potential to reinforce its position as a leader in digital asset adoption while capitalizing on Bitcoin’s long-term value proposition.
Institutional interest in Bitcoin as a reserve asset continues to grow globally. Switzerland’s progressive financial ecosystem makes it a natural candidate for pioneering central bank cryptocurrency holdings.
Semler Scientific Expands Bitcoin Holdings with $10M Purchase
Semler Scientific has bolstered its cryptocurrency portfolio with the acquisition of 111 Bitcoins for $10 million. This strategic investment has already generated a 23.5% return year-to-date, underscoring the company’s confidence in digital assets.
The latest purchase brings Semler Scientific’s total Bitcoin holdings to 3,303 BTC. The move reflects a growing trend among institutional investors seeking exposure to cryptocurrency’s long-term growth potential.
U.S. Senator McCormick Becomes Bitcoin’s Largest Congressional Investor
Republican Senator Dave McCormick, former CEO of Bridgewater Associates, has emerged as Congress’s most significant Bitcoin investor. His recent purchases of the Bitwise Bitcoin ETF, totaling between $310,000 and $700,000, underscore growing institutional interest in crypto assets.
McCormick’s dual role as head of the Senate Banking Committee’s digital assets subcommittee positions him uniquely to influence regulatory frameworks. The move signals a strategic alignment between policymaking and personal investment in the sector.
