BTC Price Prediction: Technical Breakout Potential Amidst Macro Crosscurrents

Factors Influencing BTC’s Price

CoreWeave’s All-Stock Bid for Core Scientific Likely to Draw Shareholder Scrutiny

CoreWeave (CRWV) has proposed an all-stock acquisition of Bitcoin miner Core Scientific (CORZ) at $20.40 per share, a valuation KBW calls opportunistic. The deal, structured as a 16x discount to FY26E EBITDA multiples, sent CORZ shares tumbling 18% to $14.75 while CRWV dipped 5%.

Analysts highlight strategic advantages for CoreWeave—including $10B in eliminated lease obligations and $500M annual savings by 2027—but question the timing following CRWV’s 295% post-IPO surge. Shareholders may balk at terms offering no cash component and unchanged assets since CoreWeave’s prior failed bid.

The transaction, requiring CORZ shareholder approval for a Q4 2025 close, faces headwinds despite no competing offers. "The vote may see friction," warns KBW’s Bill Papanastasiou, noting market disappointment with the structure.

CleanSpark Hits 50 EH/s Milestone with Record Efficiency and Bitcoin Production

CleanSpark (CLSK) achieved a significant milestone in June, reaching 50 exahashes per second (EH/s) of mining capacity while improving fleet efficiency to 16.15 joules per terahash. The Las Vegas-based miner produced 685 self-mined Bitcoin last month, bringing its year-to-date total to 3,968 BTC. Its holdings now rank seventh among public companies, surpassing Tesla.

The company sold 578.51 BTC at an average price of $105,860, outperforming the monthly volume-weighted average. CEO Zach Bradford highlighted the achievement of mid-year targets through fully self-operated infrastructure. CleanSpark also secured contracts for an additional 179 megawatts of power, expanding its total capacity to 987 MW—enough to support over 10 EH/s of incremental hashrate.

A newly launched Digital Asset Management program, combining spot sales and derivatives strategies, contributed to June's operational gains. The initiative aligns with CleanSpark's focus on optimization and leveraging its growing infrastructure.

BitFuFu Achieves Record Hashrate and Power Capacity in June

Bitcoin miner BitFuFu (FUFU) reported a significant uptick in production and infrastructure expansion, mining 445 Bitcoin in June—an 11.3% increase from May. The Singapore-based firm now manages a total hashrate of 36.2 EH/s, up 6.2% month-over-month, with power capacity reaching a record 728 MW.

Cloud mining remains the core revenue driver, contributing 387 BTC, while self-mining operations added 58 BTC—a 34.9% monthly surge. The company's balance sheet now holds 1,792 BTC after adding 83 BTC in June.

Chairman and CEO Leo Lu emphasized the operational momentum, calling June the 'most productive month of 2025.' BitFuFu's growing fleet efficiency of 20.1 J/TH underscores the industry's focus on energy optimization amid geographic diversification.

The firm's cloud mining platform continues to attract users, with 623,114 registered accounts as of June 30. This growth reflects sustained demand for mining-as-a-service solutions ahead of anticipated network shifts.

Bow Miner Sets New Benchmark in AI-Powered Cloud Mining with 33 BTC Haul

Bow Miner has redefined cryptocurrency mining efficiency with its June 29 achievement of mining 33 BTC ($3.54M) using just 580 TH/s computing power. This marks the fifth demonstration of its 'small computing power, high output' model since early June 2025, cementing its position as an industry leader.

The platform's success stems from twelve solar/wind-powered mining farms that slash energy costs by 60% while maintaining 24/7 operations. Its proprietary AI algorithms optimize Avalon and GPU-based hardware, delivering unprecedented computational efficiency across 120 countries.

Trump Imposes 25% Tariffs on Japan and South Korea, Bitcoin Price Reacts

President Donald Trump has escalated trade tensions by imposing a 25% tariff on goods from Japan and South Korea, citing unfair trade practices. The move, announced via Truth Social, is part of a broader strategy to address trade imbalances ahead of a critical July 9 deadline.

Bitcoin's price dipped sharply following the announcement, hovering just above $108,000 as investors weighed the potential for a broader trade war. Market sentiment turned cautious, with tariffs potentially extending to India and the EU if negotiations stall.

The administration framed the tariffs as a corrective measure to restore U.S. trade leverage. Meanwhile, cryptocurrency markets mirrored traditional finance's volatility, underscoring Bitcoin's growing sensitivity to macroeconomic policy shifts.

MicroStrategy Pauses Bitcoin Purchases After Historic $65B Accumulation

MicroStrategy, the Nasdaq-listed company that rebranded as a Bitcoin development corporation, has halted its relentless BTC acquisition streak for the first time since 2020. Between June 30 and July 6, Michael Saylor's firm made zero Bitcoin purchases despite raising $6.8 billion through equity sales in Q2.

The company's 597,325 BTC treasury—representing 2.8% of Bitcoin's total supply—now carries a $22.6 billion unrealized gain at current prices. Each coin was acquired at an average $70,982 basis, with the entire position now valued above $65 billion.

Market observers interpret the pause as tactical positioning rather than strategic retreat. Bitcoin's consolidation between $105,000-$110,000 may have prompted MicroStrategy to temporarily step back after years of aggressive accumulation through capital markets fundraising.

Bitcoin Treasury Companies Face Premium Collapse Without Operational Alpha

Listed companies are increasingly morphing into Bitcoin treasury vehicles, capitalizing on bullish sentiment to raise funds for BTC acquisitions. The trend aligns with bitcoin's growing perception as a potential global reserve asset, bolstered by institutional adoption and positive price forecasts. Yet beneath the surface lies a fundamental flaw: many of these firms lack coherent business models to justify their premiums.

Investors face a paradox. Why pay a premium for bitcoin exposure through corporate structures when direct purchases—via spot markets or ETFs—offer unfiltered access? The answer hinges on operational utility. Unless companies deploy bitcoin strategically in ways individuals cannot replicate, their premiums remain unsustainable. Simply holding BTC as a balance sheet asset isn't enough—it must generate measurable alpha.

Some analysts attempt to validate premiums through 'bitcoin yield,' measuring BTC accumulation per share. While mathematically intriguing, this metric fails as a standalone valuation thesis. Issuing overvalued equity to buy more bitcoin may inflate per-share holdings, but investors seeking pure exposure would achieve better efficiency buying directly. The market is beginning to recognize this disconnect.

IRS Prepares Historic Crypto Tax Crackdown as Clarity Emerges

The IRS is mobilizing for an unprecedented wave of compliance audits targeting cryptocurrency holders. Revenue Procedure 2024-28 has eliminated any ambiguity about tax obligations, establishing clear tracking requirements and SAFE harbor provisions. Taxpayers receiving 6174, 6174-A, and 6173 letters are discovering the agency's newfound rigor.

Cryptocurrency tax specialists report surging inquiry volumes as the IRS deploys Form 1099-DA. The coordinated rollout suggests regulators intend to recover a decade of perceived underpayment. 'The guidance is crystal clear now,' observes one practitioner. 'Those still claiming confusion are gambling with penalties.'

Elon Musk's America Party Embraces Bitcoin, Rejects US Dollar Policy

Elon Musk has positioned his newly formed America Party as a crypto-friendly political movement, announcing it will accept Bitcoin donations. The billionaire entrepreneur dismissed the US dollar as "hopeless" in a social media post, reinforcing his growing alignment with digital assets. This move follows a poll where 1.24 million participants endorsed the party's creation.

Tesla's substantial Bitcoin treasury—11,509 BTC worth approximately $1.5 billion—remains a cornerstone of corporate crypto holdings. While Musk previously suspended Bitcoin payments at Tesla over environmental concerns, his latest endorsement signals renewed institutional confidence. Prominent Bitcoin advocate Samson Mow has urged Musk to reinstate crypto payments across his companies.

The announcement coincides with Musk's critique of traditional fiscal policy, including a pointed rebuke of Donald Trump's economic legislation for exacerbating national debt. This development marks a significant convergence of cryptocurrency advocacy and political strategy, challenging established financial systems.

Trump's Tariff Announcement Rattles Cryptocurrency Markets

Donald Trump's latest tariff escalation has sent shockwaves through global markets, with cryptocurrencies bearing immediate brunt. Bitcoin plunged to $107,906 - its 24-hour low - following announcements of 25% duties on Japanese and South Korean goods effective August 1. The move compounds existing trade tensions, with US officials suggesting negotiated solutions remain unlikely.

Market anxiety manifests in digital asset volatility as investors weigh inflationary pressures from protectionist policies. 'I will impose 25% customs duty on Japan... We will apply 25% on South Korean goods,' Trump declared, leaving room for further escalation. The policy uncertainty arrives amid stalled negotiations with Japan's new administration, creating perfect storm conditions for risk assets.

Kevin O’Leary: U.S. Must Learn From Bitcoin Miners to Win ‘AI Wars’

North America is drawing critical lessons from Bitcoin mining to secure its position in the AI arms race, says entrepreneur Kevin O’Leary. The intersection of energy-intensive Bitcoin operations and AI data centers has become a focal point for policymakers and institutional investors alike.

"It all comes down to power," O’Leary emphasized, highlighting the synergy between Bitcoin mining and AI infrastructure. States like New York, initially slow to adapt, are now scrambling to reclaim momentum in these burgeoning industries.

West Virginia, North Dakota, Mississippi, and Texas have emerged as preferred destinations for such projects, with O’Leary personally backing green Bitcoin mining venture Bitzero. The shift underscores how energy strategy is becoming the decisive factor in technological dominance.

Is BTC a good investment?

BTC presents a compelling risk/reward profile at current levels:

Key considerations per BTCC's John: "The $106k support level must hold. Mining efficiency gains and corporate treasury demand could offset tax/tariff headwinds."

BTC remains a high-conviction hold for investors with 12+ month horizons, though short-term traders should await MACD confirmation.