Bitcoin price prediction remains volatile as the asset trades around $111,259, up 4.2% in the past 24 hours, following a week of heavy liquidation and shifting investor sentiment. 

Despite rebounding from the $108,000 zone, Bitcoin faces critical resistance near $113,000 as on-chain data signals increasing accumulation from long-term holders. The latest data suggests a tightening supply dynamic that could prime Bitcoin for its next breakout. 

Amid the uncertainty, investors are turning their attention toward Bitcoin Hyper, the Solana-powered Bitcoin Layer-2 presale gaining strong traction as BTC’s speed-focused successor.

Exchange Outflows Show Renewed Long-Term Confidence

On-chain data from Glassnode reveals that Bitcoin balances on exchanges have fallen to six-year lows. 

This decline indicates investors are moving their holdings into cold storage, reducing immediate market supply. Historically, such outflows signal long-term confidence and a preference for holding over selling.

Exchange inflows, which typically increase during market fear, are now subdued despite recent price dips. Analysts interpret this as accumulation behavior rather than panic selling, with traders positioning for medium-term upside once broader conditions stabilize. 

At current levels, Bitcoin’s circulating supply stands at 19.93 million BTC, leaving fewer than 1.1 million coins yet to be mined before the total 21 million cap is reached.

Long-Term Holders Maintain Control

According to Santiment, Bitcoin’s 30-day Market Value to Realized Value (MVRV) ratio is at -7.56%, a zone that often precedes accumulation phases. 

Historically, negative MVRV readings occur when Bitcoin trades below fair value, suggesting that the market is resetting ahead of the next potential rally.

Data also shows that leveraged traders are scaling back exposure, lowering liquidation risk and improving long-term structural strength. 

This combination of reduced speculative activity and consistent accumulation has often marked cycle bottoms before larger market recoveries.

Technical Analysis: Key Levels to Watch

From a technical perspective, Bitcoin price prediction signals cautious optimism as BTC consolidates in a symmetrical triangle pattern on lower timeframes. The price is currently testing the 200-EMA resistance near $108,500, with support building around $107,000.

The Relative Strength Index (RSI) has recovered from 35 to 59, suggesting improving momentum without reaching overbought territory.

A decisive breakout above $110,850 could pave the way toward $113,500 and $115,960, while failure to sustain above $107,400 could trigger a retest of $104,550 or even $102,000.

Analysts believe that as long as BTC maintains higher lows, its structure remains bullish into Q4, particularly if exchange supply continues to tighten.

Institutional Demand Strengthens

Recent reports confirm that Newsmax Inc., a U.S.-based media company with a market capitalization near $1.5 billion, has authorized a plan to purchase up to $5 million in Bitcoin and Trump Coin as part of its digital asset strategy. 

Executives described Bitcoin as “the gold standard of cryptocurrency,” reinforcing the perception that institutional accumulation continues even during short-term weakness.

This development comes amid broader U.S. macro stability. The Treasury recently posted a $198 billion budget surplus for September 2025, one of the strongest in years, underscoring liquidity resilience that could support risk assets like Bitcoin in the months ahead.

U.S. States Move Toward Bitcoin Adoption

Momentum for Bitcoin integration in state-level financial policy continues to grow. Florida has introduced the Bitcoin Reserve Bill (HB183), which would allow up to 10% of state pension and trust funds to be allocated to approved digital assets starting in mid-2026.

This proposal follows similar moves in Texas, Arizona, and New Hampshire, signaling the early stages of government-level digital diversification. 

Analysts view this as a strategic step toward normalizing Bitcoin within institutional portfolios, supporting a long-term bullish narrative even as price volatility persists.

Bitcoin Hyper: The Fastest Bitcoin Layer-2 Chain

Bitcoin Hyper (HYPER) is emerging as the first Bitcoin-native Layer-2 built on the Solana Virtual Machine (SVM), merging Bitcoin’s security with Solana’s transaction speed and efficiency.

The project’s presale has already raised over $24.6 million, with tokens priced at $0.013145 ahead of the next tier increase. 

Audited by Coinsult and SpyWolf, Bitcoin Hyper emphasizes transparency, investor protection, and sustainable staking rewards. It currently offers 49% APY staking and integrates Solana-level speed into the Bitcoin ecosystem.

By enabling high-speed, low-cost smart contracts, DeFi apps, and even meme coin creation, Bitcoin Hyper bridges two of the world’s largest crypto networks. 

As Bitcoin continues to consolidate, many early investors see HYPER as a strategic Layer-2 opportunity positioned to outperform during the next market expansion.