Bitcoin pricing prediction: $ 11B whale movement, Metaplanet hits 20k BTC, $ 250k in view

Bitcoin pricing prediction: $ 11B whale movement, Metaplanet hits 20k BTC, $ 250k in view

Bitcoin is quoted at $ 109,380, obtaining a market capitalization above $ 2.18 billion and a daily negotiation volume of more than $ 66 billion. While the price action remains confined within a descending channel, the institutional adoption and whale activity are remodeling the largest cryptocurrency panorama in the world.

Metaplanet expands Bitcoin’s treasure

The Japanese investment firm Metaplenet increased its participations to 20,000 BTC after buying 1,009 additional currencies, valued at approximately $ 112 million. The company also issued 11.5 million new shares as part of an investment agreement of $ 65 million with Evo Fund.

According to Bitcintrease.net, Metaplenet is now the largest Bitcoin holder in Japan and occupies the fifth place worldwide. The company’s average purchase price is $ 102,607 per currency, leaving it modestly profitable. Despite a price drop in the shares of more than 50% since June, Metaplenet has outlined plans to raise more capital to increase its Bitcoin strategy towards 30,000 BTC for the end of the year.

This aggressive approach underlines the growing importance of corporate balances to support Bitcoins ‘demand, which reinforces investors’ confidence during periods of market weakness.

Bitcoin adoption in education

Bitcoin’s utility also continues to expand. The Hong Kong University has launched a pilot program that accepts registration payments in Bitcoin. In association with Fintech suppliers, the initiative instantly converts BTC into Hong Kong dollars, reducing transaction costs and increasing the convenience for students.

Analysts believe that the model could be replicated by other Asian universities, expanding Bitcoin’s role beyond investment in daily use. This strengthens its credibility as a global exchange means.

$ 11b whale changes to ether

A large cryptographic whale that has more than $ 11 billion in Bitcoin has changed part of its holdings to ether. The wallet sold $ 215 million in BTC last week to buy 886,371 ETH, with a value of almost $ 4 billion, surpassing the corporate headlines Sharplink in Ethereum reserves.

The movement has inspired other whales, with nine important wallets that buy more than $ 456 million in ETH. At the same time, Spot Eth Ethf attracted $ 1.8 billion in tickets for five days, indicating a growing institutional interest in Ethereum.

While such flows can weigh in Bitcoin in the short term, they do not decrease their role as the dominant value store in the cryptography market.

Technical perspective for bitcoin

Technically, Bitcoin has remained in a descending channel since mid -August. The resistance is about $ 111,350– $ 113,500, while the support is at $ 107,335 and $ 105,150. The 50-EMA ($ 110,257) and 200-EA ($ 112,814) form a critical resistance group.

image 33 1
Bitcoin Price Graph – Source: TrainingView

The candelabra show hesitation with small body candles after a rebound of $ 108,000. The RSI in 49 is neutral, but shows a slight bull divergence, while the MACD is flattened, hinting at a potential crossover.

A confirmed break over $ 111,350 could open a demonstration at $ 115,700, while the failure runs the risk of a drop of $ 105,150. Merchants can see long tickets above $ 111,350 with stops below $ 109,000.

Looking towards the future, Bitcoin’s consolidation suggests that an increase in volatility is close. If the retail and institutional demand continues at its current rhythm, BTC could break and re -test the maximums, with a road to $ 130,000 and, finally, $ 250,000 at stake.

Bitcoin Hyper presale ($ Hyper) combines Bitcoin’s security with solar speed

Bitcoin Hyper ($ Hyper) is being positioned as the first native Bitcoin layer fed by the Solana virtual machine (SVM). Its objective is to expand the Bitcoin ecosystem allowing low -cost intelligent contracts, decentralized applications and even the creation of memes currencies.

By combining Bitcoin’s unmatched security with the Solana high performance framework, the project opens the door to completely new cases, including the BTC bridge without seams and the development of scalable DAPP.

image 20 2

The team has put a strong emphasis on trust and scalability, with the project audited by consultation to provide confidence to investors in their foundations.

The impulse is being built quickly. The presale has already crossed $ 13.2 million, leaving only a limited allocation still available. In today’s stage, hyper tokens have a price of only $ 0.012835, but that figure will increase as the presale progresses.

You can buy Hyper Tokens on the official Bitcoin Hyper website using Crypto or a bank card.

Click here to participate in the presale

The prediction of prices after Bitcoin: $ 11B whales movement, Metaplenet reaches 20k BTC, $ 250k in view appeared first in Cryptonews.



Leave a Reply

Your email address will not be published. Required fields are marked *