Bitcoin’s Bullish MACD Crossover Sparks $118K Price Prediction by June
Prominent crypto trader James Wynn has ignited market optimism with a bold prediction that Bitcoin could surge to $118,000 before June 2025, citing a significant technical indicator turning bullish. The weekly MACD (Moving Average Convergence Divergence) has recently completed a bullish crossover, historically a strong signal for upward momentum in Bitcoin's price trajectory. This development comes as Bitcoin demonstrates remarkable resilience, maintaining consolidation between $102,000 and $106,000 despite facing persistent bearish pressure in the short term. Wynn, who commands a following of 63,000 traders on social media platform X, emphasizes that Bitcoin previously established robust support around the $74,000 level before entering its current trading channel. The market's ability to hold above this critical support zone, combined with the bullish MACD formation, suggests underlying strength that could propel Bitcoin toward unprecedented heights. While short-term price action remains somewhat ambiguous, the convergence of technical factors and growing institutional adoption creates a compelling case for significant upward movement. This prediction aligns with increasing mainstream acceptance of cryptocurrency as a legitimate asset class, though investors should remain cognizant of the inherent volatility that characterizes digital assets. The $118,000 target represents approximately a 15% increase from current levels, which would mark another milestone in Bitcoin's remarkable journey as the pioneering cryptocurrency continues to redefine global finance.
Trader Predicts Bitcoin Rally to $118K by June as Weekly MACD Turns Bullish
Crypto trader James Wynn forecasts Bitcoin could reach $118,000 before June, citing a bullish weekly MACD crossover. The prediction comes as BTC consolidates between $102,000-$106,000, showing resilience against bearish pressure despite unclear short-term price action.
Wynn, followed by 63,000 traders on X, notes bitcoin found strong support at $74,000 before entering its current trading channel. The aggressive timeline for new all-time highs has drawn market attention, though many investors anticipated further upside following BTC's 2024 institutional adoption wave.
Blackstone Buys Bitcoin ETF: Giant Embraces Crypto Investing
Blackstone, the world's largest alternative asset manager, has entered the cryptocurrency market with its first investment in a Bitcoin ETF. The move signals growing institutional acceptance of digital assets as a legitimate investment class.
The firm disclosed its position in a recent SEC filing, though the exact size of the investment remains undisclosed. This development follows increasing demand from institutional clients for regulated crypto exposure through traditional financial instruments.
Bitcoin Beats Gold as America’s Top Asset — What’s Driving the Shift?
Bitcoin is increasingly being viewed as a reserve asset alternative to gold, marking a significant shift in investment paradigms. The cryptocurrency is now integral to the US’s economic strategies, purchasing policies, and financial systems.
A recent report from River, a Bitcoin investment firm, reveals that the US leads global Bitcoin adoption. American ownership of Bitcoin has surpassed that of gold, underscoring a pivotal change in asset preference. The US hosts 40% of the world’s Bitcoin companies and accounts for 94.8% of all Bitcoin-related infrastructure, solidifying its dominance in the crypto space.
Bitcoin Suisse Secures Abu Dhabi Regulatory Approval, Paving Way for Middle East Crypto Expansion
Bitcoin Suisse, Switzerland's premier crypto financial services firm, has taken a decisive step toward Middle East dominance. Its subsidiary, BTCS (Middle East) Ltd., obtained In-Principle Approval from Abu Dhabi's Financial Services Regulatory Authority on May 20, 2025. This milestone grants access to ADGM's coveted VIRTUAL asset framework—a gold standard for institutional crypto operations.
The forthcoming license will authorize Bitcoin Suisse to provide regulated trading of cryptocurrencies, crypto securities, and derivatives within Abu Dhabi's financial free zone. The $6 billion firm will also offer institutional-grade custody solutions, addressing a critical need in the region's developing digital asset infrastructure.
This strategic MOVE signals growing institutional validation of cryptocurrency markets. Abu Dhabi's rigorous regulatory environment may serve as a blueprint for broader Middle Eastern adoption, with Bitcoin Suisse positioned as the gateway for traditional finance entering the digital asset space.
Metaplanet Faces Potential Short Squeeze Amid Bitcoin Strategy Surge
Metaplanet Inc., Asia's premier Bitcoin treasury firm, has become Japan's most shorted stock, with over 25% of its shares borrowed for short positions. CEO Simon Gerovich's recent disclosure on X has sparked comparisons to the GameStop saga, suggesting a possible short squeeze fueled by Bitcoin's momentum.
The company's pivot from hospitality to Japan's largest corporate BTC holder has drawn both crypto enthusiast support and institutional skepticism. Its Q1 earnings report revealed ¥877 million ($6M) in revenue, with 88% tied to Bitcoin-related activities—a testament to its aggressive crypto strategy.
Top Trader James Wynn Closes Major Bitcoin Position, Nets $4.5M Profit
Prominent cryptocurrency trader James Wynn sparked market attention by liquidating a significant portion of his Bitcoin holdings, securing a $4.5 million profit. The move involved selling 2,561 BTC worth approximately $273.5 million within a 40-minute window, causing a momentary 1% dip in Bitcoin's price.
Wynn retains a substantial long position of 5,203 BTC ($554.6 million) with $8 million in unrealized gains, demonstrating continued confidence in Bitcoin's upward trajectory. The rapid execution highlights the growing sophistication of institutional-scale crypto trading strategies.
