BTC Price Prediction: $110K Target in Sight Despite Short-Term Volatility

#BTC

• Technical Outlook: BTC testing key support at $101,755 with MACD suggesting short-term bearishness
• Market Sentiment: Institutional adoption battles geopolitical and macroeconomic concerns
• Price Target: $110,000 achievable if support holds amid current volatility

BTC Price Prediction

BTC Technical Analysis: Short-Term Correction Likely Before Next Rally

BTCC financial analyst John notes BTC is currently trading at $104,414, slightly below the 20-day moving average of $105,746. The MACD shows bearish momentum with a negative histogram (-391), while price sits NEAR the lower Bollinger Band at $101,755. 'This suggests we may see a test of support around $101k before the next upward move,' John observes. 'The middle Bollinger band at $105,746 remains key resistance.'

Mixed Signals: Geopolitical Tensions Boost BTC While Correction Fears Linger

'The news flow reflects classic Bitcoin duality,' says BTCC's John. ETF inflows and institutional adoption (Invesco's $1.6B crypto strategy) support bullish cases, while mining migration and tariff concerns create headwinds. Notably, the market is reacting strongly to macroeconomic factors - the Fed rate speculation and Trump tariffs are currently outweighing positive developments like Kraken's institutional adoption.

Factors Influencing BTC's Price

Chinese Bitcoin Mining Rig Makers Shift Production to US Amid Trump Tariff Revival

Bitmain, Canaan, and MicroBT—China's leading Bitcoin mining hardware manufacturers—are relocating segments of their operations to the United States. The strategic pivot follows the reinstatement of the Trump Tariff on tech imports after Donald Trump's return to the presidency in late 2024. Bitmain initiated US-based production in December 2024, while Canaan is testing pilot facilities. MicroBT confirmed plans for localized manufacturing to circumvent rising cross-border costs.

The tariff's 25% levy on Chinese-made mining rigs has disrupted supply chains, forcing firms to prioritize proximity to the booming US mining sector. Domestic production ensures stable hardware delivery to American clients, including institutional miners expanding operations amid Bitcoin's escalating hash rate. This migration marks the first significant reshuffling of the global mining supply chain since China's 2021 crypto ban.

Bitcoin Faces Imminent Correction as Market Fears Intensify

Cryptocurrency markets are bracing for potential declines as Bitcoin struggles to hold key support levels. The flagship cryptocurrency trades at $103,900, with spot CVD data revealing a sharp increase in selling pressure—from -$76.9 million to -$145.9 million within a short timeframe. Market participants remain on edge ahead of the Fed's interest rate decision, while geopolitical tensions and inflationary pressures add to the bearish sentiment.

Analysts warn that failure to reclaim the $105,000 level could trigger deeper corrections. The absence of expected regulatory announcements provided temporary relief, but macroeconomic concerns now dominate trader psychology. Oil price surges and stable interest rates create a complex backdrop for risk assets, with crypto markets particularly sensitive to shifting liquidity conditions.

Bitcoin Rallies Amid Geopolitical Tensions and Fed Rate Speculation

Bitcoin surged to $104,600 as investors weighed geopolitical risks and monetary policy shifts. The cryptocurrency's rally coincided with heightened tensions between the U.S. and Iran, though President Trump left room for diplomatic resolution. Market participants remain cautiously optimistic about altcoins despite the uncertain macro backdrop.

Trump's comments on Federal Reserve policy added another layer of complexity. The President criticized Chair Powell's performance, suggesting rates should be two percentage points lower. This public pressure on monetary policy comes as traders anticipate potential rate cuts, which could provide tailwinds for risk assets including cryptocurrencies.

The White House's ambiguous stance on Iran created a risk-on, risk-off dynamic in markets. While Trump accused Iran of malign intentions, he left open the possibility of negotiations. Such geopolitical uncertainty traditionally benefits Bitcoin's narrative as a hedge against instability, though the immediate price reaction remains contingent on actual escalation.

Bitcoin Rebounds from $103K as ETF Flows and OI Delta Flash Bullish Signals

Bitcoin has staged a recovery from the $103,000 level, buoyed by renewed institutional interest and shifting derivatives metrics. The rebound follows a brief dip below $104,000 amid geopolitical tensions in the Middle East, which triggered volatility across crypto markets. The bounce from a critical support trendline suggests potential bullish momentum, with BTC now trading above $105,000.

Technical indicators paint a mixed picture. While the MACD remains bearish, the RSI shows signs of strengthening upward momentum. Key resistance levels loom at $107,015 and $108,681—a breach of these could signal a new swing high.

Notably, Bitcoin ETFs continue to attract inflows despite price turbulence, underscoring institutional confidence. The 180-day open interest delta has flipped bullish, hinting at a possible local bottom formation. Market participants now watch whether derivatives activity and spot demand can fuel a sustained rally.

K33 Raises SEK 85M to Expand Bitcoin Holdings and Brokerage Services

K33, a Swedish cryptocurrency brokerage, has launched a directed share issue to raise SEK 85 million ($8.88 million). The capital will be used to acquire Bitcoin for the company's balance sheet, reinforcing its commitment to holding 1,000 BTC. This strategic move aims to enhance operational leverage and expand institutional brokerage services.

Key investors, including the CEO, have already committed to the offering. By avoiding costlier financing alternatives, K33 positions itself competitively in digital asset markets. The direct Bitcoin acquisition reflects growing institutional confidence in crypto as a treasury asset.

Bitcoin Solaris Presale Gains Traction Amid Altcoin Market Revival

As Bitcoin hovers near its $112,000 peak, altcoins are experiencing a surge in trading volume across major exchanges. This rally appears fundamentally driven, with investors increasingly discriminating between speculative tokens and functional networks.

Bitcoin Solaris has emerged as a notable contender during its phase 8 presale, priced at $8 per token. The project has already attracted over 11,500 investors and raised $4.5 million, positioning itself not as a Bitcoin competitor but as a solution to Bitcoin's persistent energy inefficiency and hardware dependency issues.

The protocol claims 99.95% greater energy efficiency than proof-of-work systems through its hybrid consensus mechanism combining Proof-of-Stake and Proof-of-Capacity with a scalable Solaris LAYER powered by Proof-of-History and Proof-of-Time. With throughput exceeding 100,000 transactions per second, Bitcoin Solaris represents a potential paradigm shift in blockchain architecture.

2025 Free Bitcoin Cloud Mining Apps Gain Traction as Zero-Risk Entry Point to Crypto

Bitcoin cloud mining has evolved into a gateway for retail participation without hardware costs. The 2025 landscape sees proliferation of no-investment apps combining microtask rewards with fractional hashpower allocations. These platforms promise daily BTC distributions funded through advertising partnerships and referral networks.

While eliminating capital barriers, the model faces skepticism about sustainable yields. Early adopters report earnings averaging 50-200 satoshis daily—enough for educational exposure but unlikely to replace conventional mining. Regulatory scrutiny looms as user bases expand across developing markets.

Healthcare Firm Prenetics Adopts Bitcoin Treasury Strategy via Kraken

Prenetics Global Limited (NASDAQ: PRE) has entered the corporate bitcoin arena with a $20 million BTC acquisition, facilitated by Kraken. The healthcare company aims to expand its holdings significantly, positioning itself as a leader in healthcare-sector bitcoin adoption.

"Bitcoin represents more than just a treasury asset—it's the intersection of healthcare innovation and blockchain," said CEO Danny Yeung. The move follows Swedish firm H100 Group's recent $79 million bitcoin treasury commitment, signaling growing institutional interest.

Prenetics strengthens its crypto expertise with the board appointment of Andy Cheung, former OKEx COO. While modest compared to MicroStrategy's $40 billion position, the investment reflects healthcare's emerging role in digital asset adoption.

Invesco Appoints JP Morgan Veteran to Lead $1.6B Crypto Strategy Amid Bitcoin Boom

Invesco, a global asset management giant with $1.9 trillion in assets, has made a decisive move into the cryptocurrency sector by appointing Kathleen Wrynn, a seasoned JP Morgan executive, to helm its $1.6 billion digital asset division. This strategic hire underscores the firm's ambition to capitalize on the accelerating institutional adoption of crypto.

Wrynn's mandate includes overseeing Invesco's Blockchain and Crypto Ecosystem ETFs, as well as its Global Spot Cryptocurrency ETFs. Her appointment signals a broader push to integrate blockchain technology into traditional finance, with initiatives like fund tokenization and digital asset strategy development.

The move aligns with surging institutional interest, as highlighted by a recent Coinbase report indicating 86% of institutional investors are now engaging with digital assets. Invesco's commitment reflects the growing convergence of traditional finance and cryptocurrency markets.

Bitcoin and Altcoins Test Critical Technical Thresholds Amid Market Uncertainty

Bitcoin's price action hinges on its ability to hold the 50-day simple moving average, a level that previously catalyzed rallies but now shows signs of weakening momentum. The cryptocurrency briefly reclaimed $109,000 after bouncing from $103,000, but the formation of a doji candle signals dwindling buying pressure near the psychologically important $100,000 level.

Market participants await a decisive breakout above $110,000 with strong volume to confirm bullish continuation. Failure to maintain the 50-SMA could trigger cascading liquidations, potentially testing the $100,000 support zone that has served as both springboard and tripwire throughout Q2.

Altcoins mirror this technical fragility, with many failing to sustain breakout attempts despite Bitcoin's relative stability. The broader market appears caught between institutional accumulation at lower levels and speculative exhaustion after May's rally.

Bitcoin Volatility Highlights Appeal of Cloud Mining for Passive Income

Bitcoin's price whipsawed past $108,600 before retreating to $105,000 within 24 hours, underscoring the cryptocurrency's characteristic volatility. While retail investors grapple with anxiety during such swings, users of regulated cloud mining platform RIMining report steady daily returns—some likening the experience to "printing money."

A 27% surge in RIMining's daily active users and 9.3% rise in average earnings this week reveals growing demand for passive crypto income streams. This trend aligns with institutional capital entering through Bitcoin ETFs, shifting focus from speculation to sustainable yield generation.

How High Will BTC Price Go?

John maintains a bullish mid-term outlook: 'Given the technical setup and institutional inflows, we expect BTC to challenge $110,000 if it holds above $101,755 support. However, the negative MACD suggests we may first see a dip to $102k-$103k range.'