BTC Price Prediction: $150K Breakout Likely Amid Supply Crunch and Institutional FOMO

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BTC Price Prediction

BTC Technical Analysis: Bullish Signals Emerge

According to BTCC financial analyst John, Bitcoin (BTC) is currently trading at 107,721.33 USDT, above its 20-day moving average (MA) of 106,632.49, indicating a bullish trend. The MACD (12,26,9) shows a positive histogram at 214.44, suggesting upward momentum. Additionally, the price is hovering near the upper Bollinger Band at 111,235.83, which often acts as a resistance level. A breakout above this level could signal further gains.

Market Sentiment: Institutional Demand and Macro Factors Drive BTC Optimism

BTCC financial analyst John highlights strong bullish sentiment driven by institutional adoption, including Mercurity Fintech''s $800M bitcoin treasury strategy and a 924% surge in institutional holdings over the past decade. However, caution persists due to macroeconomic headwinds like the S&P 500 slump and geopolitical risks (e.g., North Korea’s crypto-funded weapons). The rapid filling of Bitcoin-based stablecoin Plasma’s $1B deposit cap underscores robust demand.

Factors Influencing BTC’s Price

Strong Demand for U.S. Treasury Notes Amid Rising Debt Concerns

The recent auction of 10-year U.S. Treasury notes has dispelled concerns about dwindling investor interest in government debt, a cornerstone of global finance. With a yield of 4.421%, the $39 billion offering saw demand outstrip supply by more than 2.5 times, according to Exante Data. Primary dealers absorbed just 9% of the issuance, the fourth-lowest on record, signaling robust participation from institutional and retail investors.

Attention now shifts to Thursday''s $22 billion sale of 30-year bonds, which will serve as a litmus test for confidence in U.S. fiscal policy amid escalating trade tensions and ballooning deficits. The U.S. gross national debt has surpassed $36 trillion, exceeding 120% of GDP, while the deficit hit $1.8 trillion in 2024—a figure poised to grow under proposed tax cuts.

Despite Bitcoin''s emergence as a hedge against fiscal uncertainty, traditional fixed-income markets continue to demonstrate resilience. The depth of liquidity and minimal credit risk associated with Treasuries remain unmatched, even as alternative assets gain traction.

Bitcoin-Based Stablecoin Network Plasma Raises Deposit Cap to $1B, Gets Filled in 30 Minutes

Stablecoin-focused blockchain Plasma doubled its deposit cap to $1 billion early Thursday, only to see it fully subscribed within half an hour. The rapid uptake follows a previous $500 million ceiling that was exhausted in just five minutes earlier this week.

The project, which builds an EVM-compatible Bitcoin sidechain for stablecoin transactions, attributes the surge to overwhelming demand for alternatives to Ethereum''s congested infrastructure. Depositors gain allocation rights for Plasma''s upcoming $50 million XPL token sale, valued at $500 million fully diluted.

Community-driven adjustments to the onboarding process aim to combat bot activity while maintaining accessibility for genuine participants. All deposited funds remain under user control, bridged to Plasma''s mainnet beta in preparation for launch.

Bitcoin Surges Past $110K Amid Bullish Breakout and Caution

Bitcoin soared to $110,375, breaching key resistance levels at $106,500 and $108,000 before undergoing a correction. The cryptocurrency must now hold above $108,300 to avoid a potential drop to the critical $107,000 support zone. Market sentiment has turned slightly bearish in the short term, as evidenced by the futures long/short ratio dropping to 0.56 from 1.43.

The rally began after Bitcoin confirmed support above $105,500, with bulls pushing past significant resistance levels. This upward movement signals a potential new leg in the ongoing bullish trend. However, failure to maintain momentum above $108,300 could see prices retreat toward $107,000, a level now viewed as crucial for sustaining market confidence.

Despite the correction, Bitcoin remains firmly above $107,500, supported by the 100-hour simple moving average. Immediate resistance is now positioned at $109,250, with stronger barriers awaiting beyond.

Japan Seeks G7 Coordination to Counter North Korea''s Crypto-Funded Weapons Program

Japan will urge G7 nations to take collective action against North Korea''s cryptocurrency thefts at the upcoming summit in Canada. Prime Minister Shigeru Ishiba is expected to highlight the threat of cyber-enabled financial crimes linked to Pyongyang, marking the first formal G7 discussion on state-sponsored crypto theft.

The proposal calls for tighter oversight of digital asset markets to disrupt illicit funding flows for weapons development. This follows the $307 million hack of Japan''s DMM Bitcoin exchange, attributed to North Korea''s TraderTraitor hacking group. Investigators traced the attack to a social engineering campaign and malicious code deployment.

Bitwise CEO Predicts Bitcoin Supply Crunch as Prices Surge Beyond $150K

Bitcoin''s parabolic rally has sparked intense speculation about its future supply-demand dynamics. Bitwise CEO Hunter Horsley contends the cryptocurrency faces an impending supply squeeze once it breaches the $130,000-$150,000 threshold. "I think once bitcoin breaks through eg $130-150k, no one is going to sell their Bitcoin," Horsley tweeted on June 10, 2025.

Current profit-taking by early investors at $100,000 levels masks a coming paradigm shift, according to Horsley. Long-term holders accumulated positions at radically lower prices may soon stop liquidating entirely. Instead, they''re likely to explore alternative liquidity solutions that preserve their Bitcoin exposure. This behavioral change could remove substantial supply from circulating markets.

The prediction divides market participants. Critics maintain Bitcoin''s fundamental buy-sell mechanics will inevitably trigger profit-taking at new highs. Yet Horsley''s thesis underscores growing institutional confidence in Bitcoin as a permanent store of value rather than a tradeable asset.

Provably Fair Technology Enhances Trust in Crypto Casinos

Trust remains paramount in online gambling, particularly when cryptocurrency is at stake. Provably Fair technology has emerged as a critical tool for verifying game integrity, ensuring that outcomes like dice rolls or card deals are genuinely random. The system relies on cryptographic methods such as HMAC-SHA256, combining server seeds, client inputs, and nonces to generate transparent results.

Players receive a hashed server seed before gameplay begins, with the actual seed revealed afterward for verification. This prevents post-game manipulation, fostering confidence in platforms that prioritize transparency. Bitcoin casinos with instant withdrawals, such as those highlighted by Casino Beats'' Wilna van Wyk, often integrate Provably Fair systems alongside rapid payouts, appealing to users who demand both speed and accountability.

Why Crypto Market Is Down Today? DJT, S&P 500 & NASDAQ Slide Trigger Panic in Crypto

The global cryptocurrency market faced a broad sell-off today, with total capitalization dropping 1.68% to $3.39 trillion as traditional markets stumbled. Trading volume fell 5.27% to $133.81 billion, reflecting growing risk aversion among investors.

Wall Street''s decline set the tone—the S&P 500 dipped 0.27%, while the tech-heavy NASDAQ slid 0.50%. The parallel retreat across asset classes suggests macroeconomic jitters are driving capital preservation moves.

Liquidations surged to $327.94 million as leveraged positions unwound, with Binance''s BTCUSD pair recording a single $2.15 million wipeout. The Fear & Greed Index at 61 shows lingering greed, but the momentum has clearly shifted.

Mercurity Fintech Announces $800M Bitcoin Treasury Strategy Amid Russell 2000 Inclusion

Mercurity Fintech Holding Inc. (MFH) has unveiled an ambitious $800 million plan to establish a corporate Bitcoin treasury, signaling deeper institutional adoption of cryptocurrency as a reserve asset. The Nasdaq-listed firm will leverage institutional custody solutions, staking protocols, and tokenized treasury management—a strategic evolution beyond simple accumulation models.

"Bitcoin is becoming foundational to global finance," stated CEO Shi Qiu, framing the initiative as both a treasury strategy and a competitive positioning play. The announcement coincides with MFH''s promotion from the Russell Microcap to the Russell 2000 Index, reflecting growing market validation for its blockchain-focused business model.

Institutional Bitcoin Holdings Soared 924% in a Decade: Gemini and Glassnode Report

Centralized treasuries now hold nearly 20% of Bitcoin''s circulating supply, a 924% surge in institutional ownership over the past decade. Governments, ETFs, public companies, and exchanges have accumulated BTC worth approximately $175 billion through seizures, investments, and reserves.

Government holdings, primarily acquired through law enforcement seizures rather than open market purchases, exceed $30 billion. The United States leads with 215,000 BTC, followed by the UK and Germany with smaller but significant positions.

Spot Bitcoin ETFs have emerged as dominant institutional holders, controlling over 800,000 BTC valued at $55 billion. BlackRock''s IBIT leads with 300,000 BTC, while Fidelity and Grayscale maintain substantial positions. Public companies now hold 300,000 BTC collectively, with MicroStrategy maintaining its position as the largest corporate holder at 190,000 BTC.

Ukraine Advances Crypto Reserve Mission with Strategic Bill

Ukrainian lawmakers are pushing forward with plans to integrate cryptocurrency into the nation''s financial reserves. A draft bill submitted on June 10, 2025, proposes amendments to the Law on the National Bank of Ukraine, enabling the inclusion of virtual assets like Bitcoin (BTC) in the country''s gold and foreign currency reserves. The initiative, led by MP Yaroslav Zhelezniak and seven co-sponsors, marks a significant step in modernizing Ukraine''s digital asset framework.

Zhelezniak emphasized the bill''s potential to bolster macroeconomic stability and position Ukraine as a participant in global financial innovation. The National Bank of Ukraine will retain discretion over the accumulation process, mirroring approaches taken by the United States, Switzerland, and El Salvador. Industry leaders, including Binance, have already expressed interest in the proposal.

Bitcoin Sell-off to Stop After $130K Breakout, Says Bitwise CEO

Bitcoin''s trajectory may soon shift from speculative trading to long-term holding, according to Bitwise CEO Hunter Horsley. A breakthrough above $130,000 could trigger a fundamental change in investor behavior, with selling pressure expected to diminish as holders adopt a wealth preservation mindset.

Current trading near $107,000 shows profit-taking by early adopters, but on-chain data reveals a broader trend: exchange balances have dropped 14% since early 2025, hitting August 2022 levels. This exodus to cold storage coincides with institutional accumulation by firms like BlackRock and MicroStrategy, whose billion-dollar positions signal conviction beyond short-term price movements.

How High Will BTC Price Go?

John predicts BTC could rally toward $130K–$150K in the near term, citing:

• Technical Strength: Price above 20-day MA and MACD bullish divergence.
• Institutional Adoption: Record-high treasury allocations and custody data.
• Macro Risks: Geopolitical tensions may cause short-term volatility.