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🚀 Bitcoin’s Next Leap: $237M Whale Buy & Musk’s Crypto Bash Fuel $110K Surge Predictions

🚀 Bitcoin’s Next Leap: $237M Whale Buy & Musk’s Crypto Bash Fuel $110K Surge Predictions

Author:
Cryptonews
Published:
2025-07-08 09:38:53
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Bitcoin's price action just got a double adrenaline shot—$237 million in bullish buys and Elon Musk throwing a pro-crypto party. Traders are now eyeing a potential breakout beyond $110K.

Whale Alert: Big Money Bets Big

A single $237 million purchase flooded the order books this week, signaling institutional conviction. When whales feed, retail traders often follow.

The Musk Effect: Meme Magic or Market Mover?

The tech billionaire's latest crypto-themed soirée—complete with laser eyes and Dogecoin cocktails—sent social media into a frenzy. Love him or hate him, Musk moves markets.

Technical Outlook: Breaking the Ceiling

With Bitcoin consolidating near all-time highs, analysts see $110K as the next psychological barrier. The recent buying spree suggests enough momentum to test—and possibly breach—that level.

Meanwhile in TradFi: Bankers still can't decide if crypto is 'a scam' or 'the greatest missed opportunity of their careers.' Some things never change.

Metaplanet’s $237M Buy Fuels Bullish Narrative

Japan’s Metaplanet added 2,204 BTC this week for $237 million, becoming the fifth-largest corporate Bitcoin holder with 15,555 BTC. This leapfrogs Tesla and CleanSpark, highlighting the continued expansion of Bitcoin treasury strategies among global firms.

  • Average buy price: $107,700 per BTC
  • Total holdings: 15,555 BTC
  • 2025 YTD BTC accumulation: 3,400+ BTC

JUST IN:🇯🇵Metaplanet bought an additional 2,205 Bitcoin worth $240.8M.

The company now holds 15,555 $BTC, valued at $1.69B. pic.twitter.com/nXwjCh5FiE

— BeInCrypto (@beincrypto) July 7, 2025

The MOVE comes amid broader institutional momentum. Companies like Strategy and ProCap have ramped up their reserves, and even smaller firms are joining in. France’s Blockchain Group acquired 116 BTC, bringing its total to 1,904 BTC, while UK-based Smarter Web Company added 226 BTC, now holding 1,000 BTC after boasting a staggering 26,242% YTD return.

JUST IN:🇬🇧@SmarterWebUK has acquired 226.42 BTC for £17.9M (~$107,726 per BTC).

📈BTC Yield: 26,242% YTD
💰Total Holdings: 1,000 BTC
🏦£42.3M in BTC-ready cash

The Smarter Web Company is building a #Bitcoin treasury at startup speed—with public market precision. pic.twitter.com/DGCI9sws2K

— Bitcoin For Corporations (@BitcoinForCorps) July 7, 2025

Although some analysts argue that early treasury gains are fading, Metaplanet’s continued purchases suggest that institutional conviction remains firm. These strategic accumulations are cushioning price action during macro volatility and reinforcing long-term bullish expectations.

Bitcoin Technical Outlook: Key Support Holds

On the 4-hour chart, Bitcoin is bouncing off the ascending trendline support, with the 50-SMA at $108,146 providing dynamic support. The $108,941 resistance remains the ceiling to break. The recent price structure features small-bodied candles and long wicks, indicating indecision rather than rejection.

Bitcoin Price Chart – Source: Tradingview

RSI sits neutral at 49.60, and no bearish divergence is present, suggesting momentum is steady but still searching for conviction.

A breakout above $108,941 could drive BTC toward $109,727 and $110,561. Losing the trendline and 50-SMA could drag it to $107,323 or even $106,422.

  • Buy Entry: Above $108,950 on strong bullish candle
  • Target 1: $109,727
  • Target 2: $110,561
  • Stop-Loss: Below $108,100

For now, Bitcoin’s technical structure remains intact. As long as the trendline holds and price stays above the 50-SMA, the bulls maintain short-term control.

Bitcoin Hyper Presale Over $2M as Price Rise Nears

Bitcoin Hyper ($HYPER), the first Bitcoin-native Layer 2 powered by the Solana VIRTUAL Machine (SVM), has raised over $2 million in its public presale, with $2,061,881 out of a $2,510,240 target. The token is priced at $0.012175, with the next price tier expected to be announced soon.

Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.

The golden cross of meme appeal and real utility has made Bitcoin Hyper a LAYER 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction.

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