BTC Price Prediction: Will BTC Hit $100,000?

• BTC is trading below its 20-day MA but shows bullish MACD momentum.
• Pro-crypto regulatory developments and institutional adoption are driving positive sentiment.
• A break above the 20-day MA could confirm a move toward $100,000.

BTC Price Prediction

BTC Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst Emma, BTC is currently trading at 104,433.20 USDT, slightly below its 20-day moving average (MA) of 106,687.94. The MACD indicator shows a bullish crossover with a value of 1,192.39, while the Bollinger Bands suggest a potential range-bound movement with the upper band at 111,023.79 and the lower band at 102,352.10. Emma notes that the MACD's positive momentum could signal a short-term rebound, but traders should monitor the 20-day MA for confirmation.

Market Sentiment: Bullish Catalysts for BTC

BTCC financial analyst Emma highlights several bullish developments influencing BTC's price. These include JPMorgan's crypto-backed loans, South Korea's pro-crypto leadership, and Semler Scientific's increased Bitcoin holdings. Additionally, Soft economic data has fueled Fed rate cut speculation, which could benefit Bitcoin. Emma cautions that while sentiment is positive, technical levels must align for sustained upward momentum.

Factors Influencing BTC’s Price

BitStarz Promo Code 2025 Offers 5 BTC and 210 Free Spins

BitStarz, a prominent crypto casino, is rolling out an aggressive promotional campaign for 2025. The platform now offers new users up to 5 BTC and 210 free spins through its 'Hella' promo code—a rare opportunity in the online gambling sector.

The promotion structure includes tiered rewards: 30 free spins upon signup, followed by a 100% matched deposit bonus of up to $500 or 5 BTC. Additional spins are unlocked after the first deposit, creating a compelling onboarding funnel for crypto gamblers.

Notably, the casino accepts multiple cryptocurrencies including BTC, positioning itself at the intersection of digital assets and iGaming—two sectors experiencing exponential growth. This move mirrors broader trends of crypto adoption in entertainment verticals.

Trump's Digital Assets Envoy Discusses Bitcoin Collaboration with El Salvador

Bo Hines, Executive Director for Digital Assets under former President Donald Trump, met with El Salvador President Nayib Bukele to explore bilateral cooperation on Bitcoin and digital asset innovation. The discussion, confirmed via social media posts, highlighted shared ambitions to shape the future of global finance through strategic alignment.

El Salvador, the first nation to adopt Bitcoin as legal tender in 2021, has been accumulating 1 BTC daily under Bukele's leadership. The meeting signals growing U.S. institutional interest in crypto, mirroring Trump's recent pro-Bitcoin stance. Notably, this follows Bukele's April White House visit focused on migration—a contrast to the current economic and technological dialogue.

Trump's Controversial Crypto Bill Sparks Market Debate

Former President Donald Trump's proposed 'One Big Beautiful Bill' has ignited fierce discussion across cryptocurrency circles. The legislation's potential ripple effects are drawing scrutiny from industry leaders and investors alike, with Bitcoin's price trajectory at the center of the debate.

Coinbase CEO Brian Armstrong positions the bill as a potential catalyst for Bitcoin's growth, suggesting regulatory clarity could benefit digital assets. 'This will pave the way for Bitcoin's rise,' Armstrong stated, highlighting how tax provisions might increase retail participation in crypto markets.

The proposal's focus on reducing tax burdens could indirectly boost cryptocurrency liquidity. Lower-income demographics may reallocate savings from tax reductions into risk assets, creating new capital inflows. This dynamic mirrors previous election-cycle patterns where tax policies influenced market behavior.

JPMorgan Pioneers Crypto-Backed Loans with BlackRock's Bitcoin Trust

JPMorgan Chase & Co. is breaking new ground by allowing clients to use cryptocurrency investment funds as loan collateral. The initiative, starting with BlackRock's iShares Bitcoin Trust (IBIT), marks a significant step toward institutional adoption of digital assets. Both individual and corporate clients worldwide will benefit from this revised lending model, which treats crypto assets similarly to traditional collateral like stocks or art.

The move reflects a broader industry trend as major financial institutions accelerate crypto integration. Morgan Stanley is reportedly exploring similar offerings, signaling a shift toward digital asset acceptance in mainstream finance. JPMorgan's decision to formalize its previously limited crypto collateral practice underscores growing confidence in the asset class despite regulatory uncertainties.

South Korea Elects Pro-Crypto Leadership, Paving Way for Digital Asset Reforms

South Korea’s presidential race concluded with a decisive victory for Lee Jae Myung, who secured 49.42% of the vote on June 4, 2025. Known for his pro-crypto stance, Lee’s election is poised to reshape the nation’s financial landscape and accelerate digital asset integration.

Both candidates in the race supported crypto reform, underscoring the mainstream acceptance of digital assets in a country with over 18 million crypto users. Lee’s platform includes allowing the $884 billion National Pension Fund to invest in Bitcoin and other digital assets—a landmark move for institutional crypto adoption.

His agenda also emphasizes stronger protections for young investors through enhanced transparency and security measures. A state-backed institution for Spot Bitcoin ETFs is in the works, alongside a national monitoring system to bolster regulatory oversight.

Lee aims to reduce reliance on foreign stablecoins like USDT and USDC by introducing a won-backed alternative. This initiative seeks to curb capital flight and reinforce monetary sovereignty. Building on South Korea’s 2024 crypto framework, Lee will spearhead Phase 2 reforms, focusing on investor trust and refined regulation.

Semler Scientific Doubles Bitcoin Holdings to 4,449 BTC Amid Financial Turbulence

Semler Scientific has aggressively expanded its Bitcoin treasury, purchasing an additional 185 BTC for $20 million despite reporting a net loss in Q1 2025. The healthcare-turned-crypto investor now holds 4,449 BTC worth $446.2 million, reflecting a 26.7% year-to-date yield on its digital asset strategy.

The company funded its latest acquisition through proceeds from an at-the-market equity program, averaging $107,974 per Bitcoin. This move comes as Semler navigates a 44% revenue decline and Department of Justice-related liabilities, betting heavily on BTC as a long-term reserve asset.

Investors showed measured optimism following the announcement, with SMLR shares recovering from early volatility. The firm has deployed $136 million in raised capital toward its Bitcoin strategy while developing transparency tools like a dedicated BTC dashboard for shareholders.

Soft Economic Data Spurs Fed Rate Cut Speculation, Bitcoin's Reaction Awaited

Three consecutive weak economic reports have reignited expectations for Federal Reserve rate cuts, potentially reshaping market dynamics for risk assets like Bitcoin. ADP's May private payrolls shocked at just 37,000 jobs versus 115,000 expected—the worst reading since March 2023. The ISM Services Index followed by dipping into contraction territory at 49.9, while the Fed's Beige Book noted "slight to moderate declines" across half of US districts.

Treasury markets reacted immediately, with the 10-year yield plunging 10 basis points to 4.36%. Fed funds futures now price a 29% chance of July easing, up from 22% last week. This dovish shift typically creates favorable conditions for cryptocurrencies, though Bitcoin's response remains uncertain ahead of Friday's critical nonfarm payrolls report.

K Wave Media Stock Surges 130% on $500M Bitcoin Treasury Strategy

K Wave Media (KWM), a prominent K-pop media firm, saw its shares skyrocket 130% following the announcement of a $500 million Bitcoin treasury acquisition plan. The company will allocate a substantial portion of the proceeds to long-term Bitcoin holdings, positioning itself as one of the first publicly traded media companies to integrate cryptocurrency into its core operations.

The firm also revealed plans to operate Bitcoin Lightning Network nodes and invest in Bitcoin-native infrastructure for yield optimization. This move mirrors the success of Japan's Metaplanet, which achieved a 4,000% return in 2024 by adopting Bitcoin as a treasury asset.

K Wave Media aims to leverage Bitcoin for innovative fan engagement strategies, including K-pop merchandising and content distribution in a Web3 environment. The hybrid approach combines digital media with decentralized finance, tapping into the growing corporate trend of Bitcoin adoption.

JPMorgan Embraces Bitcoin Services Despite CEO's Past Skepticism

JPMorgan Chase & Co., overseeing $4.3 trillion in client assets, is integrating Bitcoin into its wealth management services. The bank will now consider crypto holdings when assessing clients' net worth and plans to offer loans collateralized by Bitcoin ETFs, including BlackRock's iShares Bitcoin Trust (IBIT). This pivot comes despite CEO Jamie Dimon's historical criticism, having once labeled Bitcoin a "fraud" and threatened to shut it down.

Institutional adoption of Bitcoin accelerates as regulatory clarity improves under the Trump administration. Over 223 entities now hold more than 3.39 million BTC collectively, signaling growing mainstream acceptance. The trend reflects a broader institutional shift, with BlackRock's ETF strategy serving as a catalyst for traditional finance players.

BitFuFu Achieves Record 34.1 EH/s Hashrate Amid Bitcoin Production Surge

Bitcoin mining firm BitFuFu reported a historic performance in May, scaling its managed hashrate to 34.1 exahashes per second (EH/s) and producing 400 BTC—a 91% increase from April. Cloud-mining clients drove most of the output, contributing 357 BTC, while self-mining operations added 43 BTC. The surge followed the full deployment of additional hardware in late April, with further equipment added at May's end to bolster June's potential.

The company's hashrate under management grew 20.5% month-over-month, now comprising 4.2 EH/s of self-owned capacity and 29.9 EH/s from partners and customers. BitFuFu's global footprint spans five continents, with 651 megawatts of power capacity and an average fleet efficiency of 19.1 joules per terahash.

Strategic treasury moves marked the month: BitFuFu sold 178 BTC at an average price of $104,000, capitalizing on bitcoin's all-time high to strengthen its balance sheet. Holdings now stand at 1,709 BTC, down from 1,908 BTC in April. CEO Leo Lu emphasized a dual focus on long-term bitcoin exposure and adaptive treasury management.

Bitcoin Price Eyes $150K as Over 60 Firms Double BTC Holdings

Institutional interest in Bitcoin has surged, with more than 60 companies doubling their holdings over the past two months. Collectively, these firms now control over 3% of the total Bitcoin supply. MicroStrategy (NASDAQ: MSTR) leads the pack with 580,955 BTC, followed by Matador Technologies, Galaxy Digital, Block Inc., and GameStop.

Bitcoin's price recently breached $111,000 before settling around $105,190. Galaxy Digital CEO Mike Novogratz predicts a breakout to $130,000–$150,000, calling the current dip temporary. Standard Chartered offers an even bolder forecast, projecting a rise to $500,000 by January 2029, citing growing institutional adoption as evidenced by SEC FORM 13F filings.

Will BTC Price Hit 100000?

BTCC financial analyst Emma believes BTC has a strong chance of reaching $100,000, given the current technical and fundamental backdrop. Below is a summary of key data:

Emma notes that breaking above the 20-day MA could confirm the bullish trend.