Bitcoin price prediction remains cautiously bullish as the leading cryptocurrency stabilizes near $113,137, recovering from a volatile dip that touched $112,500 overnight.
Despite the choppy movement, BTC gained 0.31% on the day, with trading volume jumping 14.72% to reach $55.37 billion.
The market cap now sits at $2.25 trillion, and analysts are watching whether Bitcoin can hold key support around $113,000 heading into the weekend.
Technically, Bitcoin recently broke below $115,000, triggering a head-and-shoulders pattern that spooked some traders.
Price action is now hovering around the 200-day EMA at $113,450 – a decisive level. If the bounce fails, downside targets include $110,850, $108,770, and even $107,250, all flagged as support zones in the current trading channel.
Ethereum Steals Spotlight, But Bitcoin Remains the Anchor
Part of the short-term shakeup came from a massive $1.1 billion Ethereum purchase by BitMine Immersion, led by Tom Lee.
The move made BitMine the largest public ETH holder, sparking a 10% drop in its stock but drawing attention away from Bitcoin temporarily. Still, BTC managed to stay above $112,000, which many consider a resilience threshold.
Japan’s Metaplanet Adds 5,419 BTC to Its Treasury
While ETH gained short-term attention, corporate interest in BTC is not slowing down. Japan’s Metaplanet acquired 5,419 BTC, worth $633 million, expanding its total holdings to 25,555 BTC – now valued at nearly $3 billion.
That makes it the fifth-largest corporate Bitcoin holder globally. Meanwhile, Michael Saylor’s Strategy added 850 BTC for $100 million following the Fed’s latest rate cut, pushing his firm’s BTC stash to 639,835 coins, worth over $47.3 billion.
These moves echo growing momentum among Asian and institutional players seeing Bitcoin as a hedge against currency risk. Metaplanet’s treasury strategy has already yielded over 10% in under three months.
Regulatory Optimism and Custody Expansion
At the macro level, industry voices like Hex Trust CEO Alessio Quaglini believe U.S. banks are preparing to offer full custody services for Bitcoin once regulation is finalized.
That shift could bring a wave of adoption, especially as custodial solutions become mainstream among financial institutions.
Hex Trust itself has expanded across Hong Kong, Singapore, Dubai, and Europe, targeting large institutional clients and building infrastructure to support staking, lending, and trading services on Bitcoin and other assets.
Their focus on custody over trading makes them a key player in onboarding risk-averse capital into crypto.
BTC Price Forecast: Key Levels and Patterns
The current Bitcoin price forecast is mixed. Chart patterns show a clean breakdown below $116,000, with the price now flirting with the 200-EMA at $113,450.
The pullback produced a three black crows formation – a common bearish indicator. Analysts say if BTC fails to reclaim the channel, we could see a drop toward $110,820 or even $108,770.
RSI levels are oversold at 26, but confirmation is still lacking. Bulls need to push above $114,750–$116,200 for sentiment to shift bullish again, opening a path toward $117,900 and $119,300 in the short term.
Bitcoin Hyper Picks Up Momentum in Presale
While BTC consolidates, some traders are rotating into Bitcoin Hyper ($HYPER) – a new Layer 2 Bitcoin protocol that aims to fix BTC’s slow transaction speed and high fees.
Built on Solana’s Virtual Machine, Bitcoin Hyper offers near-instant transfers, and the token $HYPER is currently in presale at $0.012965, with over $17.6 million raised out of an $18 million goal.
Instead of using payment channels like the Lightning Network, Bitcoin Hyper works with a bridge-based model. Users send BTC to a special address and receive the same amount on the Bitcoin Hyper network, which runs faster and cheaper – without losing Bitcoin-level security.
Staking rewards, ZK-proof validation, and a built-in DEX ecosystem make it more than just a speed solution.
Tokenomics allocate 25% to the treasury, 30% to development, and 15% to rewards, with a 6,000% APY estimated during early staking rounds.
With presale demand spiking and mainstream Bitcoin still in a tight range, some investors are eyeing Bitcoin Hyper as a more scalable, future-ready version of the original BTC – especially as Layer 2 narratives dominate crypto headlines.