Bitcoin Price exceeded $ 100,000 this week, but was blocked below $ 103,500 on Friday while Altcoins and Memecoins stole the spotlight.
Despite the short -term slowdown, the major institutional players such as Microstrategy and Metaplanet doubles, buying more than $ 1.5 billion in BTC during last week.
Will Bitcoin exceed the resistance of $ 110,000, or the rejection of the face below the six-digit threshold?
The Bitcoin rally stops at $ 103,000 in the middle of altcoin rotation
Bitcoin (BTC) jumped earlier this week, climbing above $ 100,000 for the first time since February 2025.
This decision occurred in the midst of a wave of new bullish macro: comments from the strong federal reserve, the announcement by Donald Trump of a commercial agreement with the United Kingdom and the approvals of Bitcoin strategic reserves by three American states. All these factors have fueled the feeling of risk on traditional and cryptographic markets this week.
Friday, the BTC price increased by 3.7%, testing $ 103,890, but failed to break.
Instead, short-term traders seemed to run the benefits in altcoins and mecoins in mid-cap. Ethereum and Solana both displayed two -digit gains, raped $ 2,900 and $ 180 respectively on the daily graphic.
Despite the temporary cooling of the upcoming momentum of the BTC, institutional capital entries remain strong and may indicate an upward price.
Institutional demand persists despite the consolidation of BTC prices
Altcoins and even surforming BTC Friday suggest that short -term traders reallocate gains. However, behind the scenes, the institutional demand for Bitcoin remains robust.
Metaplanet increases $ 21 million for the purchase of the BTC
Metaplanet, based in Japan, often called “Asia microstrategy”, said its 14th series of ordinary obligations. Joining a official fillings Issued on Friday, the company raised $ 21.25 million thanks to zero interest obligations entirely allocated to Evo Fund. These funds will be used to buy Bitcoin, the bonds exchangeable in November 2025.
This decision is aligned with Metaplanet's strategy to accumulate BTC as a treasury reserve ratio and follows capital increases related to previous actions aimed at strengthening long -term exposure to the assessment of Bitcoin prices.
Microstrategy acquires 1,895 BTC for $ 180 million
Monday, Microstrategy, now renamed as a strategy, announced a new BTC purchase of 1,895 pieces worth around $ 180 million. The company paid an average price of $ 95,167 by Bitcoin, funded by the sale of more than 929,000 MSTR and STRK combined shares.
This bears the total Bitcoin holdings of the strategy at 555,450 BTC, acquired at a total cost of approximately $ 38 billion. At the cost of current Bitcoin nearly $ 94,000, the company is on a paper gain of approximately $ 14.2 billion.
This purchase marks the exhaustion of the “plan 21/21” of the strategy, under which it raised $ 21 billion in shares for BTC acquisitions. The company has now launched the “plan 42/42”, targeting $ 42 billion in future BTC purchases thanks to a mixture of equity and debt by 2027.
What is the next step for the price of Bitcoin? Consolidation or break?
The increase in institutional accumulation at almost record price levels is a strong long -term continuousness signal in Bitcoin. The BTC now consolidating above $ 100,000, the path to $ 110,000 could open
Historically, the institutional purchase during the lateral consolidation phases often precedes a bullish dynamic. The Bitcoin price is consolidated in a narrow strip between $ 101,000 and $ 103,000 in the short term.
If corporate investors support the purchase of interest, inspired by Metaplanet and Microstrategy of $ 1.5 billion in $ 1.5 billion, an escape greater than $ 110,000 seems more and more likely.
Bitcoin Price forecasts today: Bollinger groups indicate an escape of $ 110,000
Bitcoin price forecast graphics below are currently showing signs of continuation of Momentum Haussier, currently negotiating nearly $ 102,974, slightly lower than the intrajournal summit of $ 104,361.
On the daily graphic, BTC remains firmly in the upper band of the Bollinger indicator, trading above the midline (20-day mobile average) at $ 94,930.57.
The positioning supported above this midfield and the candles to the strong body during last week suggest continuous purchase pressure.
If the momentum is maintained, the following course objective seems to be around $ 110,000, with resistance to limited sale above current price levels, as reflected in tight consolidation with the level of $ 102,000 and $ 103,890 on Friday.
Zig Zag's model confirms a strong reversal of the April hollow at $ 74,508, translating a rally of more than $ 23,387 since then.
Furthermore, the index of Force Force (TSI) reads 0.74, marking the bullish momentum without signs of immediate divergence or completeness. As long as the TSI remains above the zero line and trends upwards, the underlying resistance supports more upwards.
However, caution is justified if BTC breaks below $ 100,000, because it would fall inside the upper band of Bollinger, indicating a potential short -term fade in a bullish feeling. In this scenario, a fence below the Bollinger midline at $ 94,930 would invalidate the bruising price forecasts of the BTC.
Frequently asked questions (FAQ)
Bitcoin must eliminate the resistance of $ 103,890 convincingly to target $ 110,000. Institutional purchases increase the chances of a break.
Short -term merchants have shot altcoins and mecoins, slowing the momentum of the BTC despite the macro and the institution and institution.
Together, they acquired more than $ 1.5 billion in BTC, signaling a strong institutional conviction near six -digit levels.
Ibrahim
Cryptographic analyst covering derivative markets, macro-tendencies, technical analysis and defi. His work presents in -depth information on the market, price forecasts and institutional quality research on digital assets.
Warning: The content presented may include the author's personal opinion and is subject to the market state. Do your market studies before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
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