Bitcoin Price Prediction: $110K Breakout Likely as Institutional Demand Surges

#BTC

• Technical Strength: BTC trades above key MAs with bullish MACD crossover
• Institutional Adoption: $2B treasury allocations and banking sector participation
• Supply Squeeze: Exchange reserves at multi-year lows supporting price floor

BTC Price Prediction

BTC Technical Analysis: Bullish Signals Dominate

According to BTCC financial analyst William, Bitcoin's current price of $105,872 shows strong bullish momentum. The 20-day moving average at $105,374.58 suggests solid support, while the MACD indicator (1763.30 vs 755.57) confirms upward momentum. Bollinger Bands indicate potential resistance NEAR $110,140, with $100,608 acting as key support.

Market Sentiment Turns Bullish Amid Regulatory Shifts

William from BTCC notes multiple bullish catalysts: Japan's regulatory changes, $2B corporate Bitcoin allocations, and Fed-approved bank crypto engagement are driving positive sentiment. Exchange deposit lows and institutional adoption suggest strong holding behavior, though short-term volatility from Elliott Wave predictions ($94K target) may occur.

Factors Influencing BTC's Price

Bitcoin Price Surges 2.49% Amid Regulatory Shifts in Japan and USDB Launch

Bitcoin rallied to $105,505 during US trading hours, marking a 2.49% gain as Japan's Financial Services Agency proposed reclassifying crypto assets under its Financial Instruments and Exchange Act. The move could slash capital gains taxes from 55% to 20% and pave the way for spot Bitcoin ETFs—a potential game-changer for Asia's second-largest economy.

Japan's 'New Capitalism' policy is driving crypto adoption, with retail holdings now surpassing foreign exchange and corporate bonds. The regulatory shift follows similar progress in the US and Hong Kong, suggesting a regional trend toward balancing innovation with oversight.

Meanwhile, the launch of USDB stablecoin has bolstered Bitcoin's DeFi utility, adding momentum to the network's capabilities beyond simple value transfer.

Moscow Exchange Expands Crypto Offerings with Bitcoin Index Futures

The Moscow Exchange (MOEX) is preparing to launch bitcoin index futures, capitalizing on surging investor demand for crypto derivatives. Managing Director Vladimir Krekoten confirmed the development in a Tuesday interview, revealing the new product will track the exchange's proprietary MOEXBTC Index.

This marks MOEX's second Bitcoin-linked offering following the June 4 debut of BlackRock Bitcoin ETF futures. Trading volumes exceeded expectations, with 10,000 qualified investors executing trades worth nearly 7 billion rubles ($88 million) since launch. The figures rival established instruments on Russia's premier trading platform.

The MOVE signals growing institutionalization of crypto assets in regulated markets. MOEX's strategic product expansion mirrors global trends as traditional finance entities increasingly bridge the gap between digital assets and conventional investment vehicles.

Bitcoin Buy-Side Pressure Surges as Geopolitical Tensions Ease

Bitcoin reclaimed the $105,000 level with conviction, fueled by a sharp rebound following the announcement of a ceasefire between Israel and Iran. Geopolitical stabilization injected fresh momentum into risk assets, with BTC spearheading the rally. Aggressive buy-side activity now eyes a decisive breakout above $110,000—a level that stifled June’s upward attempts.

On-chain metrics reveal a striking surge in Taker Buy Volume over 48 hours, signaling institutional accumulation. The shift follows a brief dip to $98,200 during Middle East escalations, underscoring Bitcoin’s sensitivity to macro catalysts. Market structure hinges on sustaining gains above this psychologically pivotal zone.

Bitcoin Holders Dig In as Exchange Deposits Hit Multi-Year Lows

Bitcoin's market behavior has undergone a fundamental shift since 2021, with exchange deposit addresses plunging to historic lows. The 30-day moving average now stands at just 48,000 addresses—a stark contrast to the 180,000 annual average seen during 2015-2021's accumulation phase.

Spot Bitcoin ETFs have rewritten the playbook, allowing institutions and retail investors to gain exposure without moving coins. Meanwhile, corporations and long-term holders increasingly treat BTC as digital Gold rather than a trading vehicle. "These aren't speculative flows anymore," analysts observe, "but capital allocating for the next decade."

Green Minerals and ProCap Financial Adopt Bitcoin Treasury Strategy with $2 Billion Allocation

Norway's Green Minerals and Anthony Pompliano's ProCap Financial are the latest firms to emulate MicroStrategy's Bitcoin treasury strategy, collectively earmarking over $2 billion for BTC accumulation. Green Minerals announced its blockchain-focused treasury diversification plan, targeting $1.2 billion in fundraising specifically for Bitcoin purchases.

"Bitcoin's decentralized, non-inflationary properties make it an attractive alternative to traditional fiat," stated Ståle Rodahl, Green Minerals' Executive Chairman. The move mirrors MicroStrategy's pioneering approach to corporate Bitcoin adoption as a hedge against currency debasement.

ProCap BTC LLC separately plans a $1 billion merger to transition into a Bitcoin-focused treasury company. These developments signal growing institutional recognition of Bitcoin as a reserve asset, with potential implications for market liquidity and price discovery.

Fed Chair Powell Grants US Banks Full Crypto Engagement Rights

Federal Reserve Chair Jerome Powell has explicitly authorized US banks to engage in cryptocurrency activities, marking a watershed moment for institutional adoption. The policy shift removes lingering regulatory ambiguity, permitting banks to offer spot crypto ETFs and directly serve digital asset clients—a stark contrast to the Fed's historically cautious stance.

Powell's declaration builds on February's guidance allowing crypto banking services, now expanded to include proprietary operations. "Banks must implement robust safeguards," he emphasized, underscoring the need for consumer protections amid this accelerated integration of traditional finance and digital assets.

The decision arrives as the TRUMP administration establishes a federal crypto reserve, despite Powell's December 2024 assertion that the Fed "won't stockpile Bitcoin." This institutional momentum coincides with Bitcoin's resurgence as a Treasury asset, reflecting crypto's hardening legitimacy.

Bitcoin Elliott Wave Analysis Points to Potential Drop to $94,000 Before Rebound

Bitcoin's recent volatility may foreshadow deeper losses, with technical analysis suggesting a possible decline to $94,000. The Elliott Wave count indicates BTC is mid-correction within a broader bullish trend, with Wave 2 potentially driving prices toward key Fibonacci support.

Analyst Luca notes the 8-hour chart shows a five-wave corrective pattern, though some signals hint at a near-term bottom. Market participants await confirmation of whether this final leg downward will materialize before any sustained reversal.

Michael Saylor Reaffirms Bitcoin Confidence Amid $105K Price Rally

MicroStrategy executive chairman Michael Saylor has doubled down on his bullish Bitcoin stance as the cryptocurrency surged 5% to approach $106,000. His cryptic tweet featuring an AI-generated image with Bitcoin-themed elements sparked speculation about long-term holding strategies.

The market rebound coincides with improving geopolitical conditions and institutional accumulation. MicroStrategy recently added 245 BTC ($26 million) to its treasury, now holding 592,345 BTC worth over $62 billion—a position that reinforces Saylor's reputation as Bitcoin's most vocal corporate advocate.

Bitcoin's price movement from $100,750 to $105,780 reflects growing institutional confidence. The rally demonstrates how macroeconomic stability and corporate buying pressure can catalyze crypto market recoveries.

Bitcoin Dominance Surges as Altcoin Hopes Fade

Bitcoin's market dominance has climbed to 66%, reaching a four-year high and crushing hopes of an imminent altcoin season. The cryptocurrency's resilience contrasts sharply with altcoins, most of which now trade 70% below their all-time highs.

Crypto analyst Rekt Capital notes Bitcoin's dominance must breach 70% before altcoins can recover—a pattern observed in previous cycles. "If history repeats," he warns, "altcoins face further pain before any seasonal resurgence."

The market's fixation on Bitcoin comes as prices briefly dipped below $100,000, triggering cascading sell-offs across alternative cryptocurrencies. This dominance surge mirrors 2020's pre-bull market structure, where Bitcoin led before capital rotated to altcoins.

Trump Calls for De-escalation as Crypto Markets Stabilize Amid Middle East Tensions

Bitcoin surged past $106,000 following Donald Trump's announcement of a ceasefire between Israel and Iran, before settling at $105,300 with a 3.8% daily gain. Market Optimism proved fragile as reports emerged of renewed missile attacks, though volatility subsided after initial reactions.

The former U.S. president publicly urged Israel to avoid retaliation, emphasizing "bringing pilots home" while claiming Iran's nuclear capabilities had been neutralized. Crypto markets appear to be pricing in reduced geopolitical risk, with traders cautiously monitoring the developing situation.

Kindlymd and Nakamoto Secure $51.5 Million to Expand Bitcoin Holdings

Kindlymd and Nakamoto Holdings have bolstered their Bitcoin treasury strategy with an additional $51.5 million in PIPE financing, bringing total raised funds to $763 million. The move signals growing institutional confidence in Bitcoin as a reserve asset.

The funding round, announced by Kindlymd, Inc. (NASDAQ: NAKA) and Nakamoto Holdings Inc., underscores the continued institutional appetite for Bitcoin exposure. Market observers note this development aligns with the broader trend of corporations allocating treasury reserves to digital assets.

How High Will BTC Price Go?

Based on current technicals and market sentiment, William projects:

Catalysts like USD stablecoin expansion and geopolitical stability could push prices 15% higher in Q3 2025.

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