Bitcoin is trading at $87,041.32, showing a solid 3.03% rise in the last 24 hours. Volume has surged to $37.73 billion, a 163.99% jump that reflects strong market interest. Over the past week, Bitcoin edged up 2.83%, holding its ground just above the $87K mark.
According to the crypto analyst, Bitcoin fell below its 200-day Simple Moving Average (SMA) recently, a signal for many traders to beware. The identical 200 SMA now is resistance. And with the $90K barrier looming overhead, Bitcoin is stuck in a narrowing range. A few traders are looking at a buy area at $75K, looking for a bounce to $97K, a gain of 20% if it plays out.
Bitcoin 2025 Price Forecast and Growth Potential
In the future, the outlook for Bitcoin remains positive as well. In Changelly’s prediction, BTC may increase exponentially by the year 2025. The minimum predicted price is $100,387.75, while the maximum can reach up to $113,759.46. Average trading is predicted at $127,131.16.
In the short term, April 2025 might introduce even larger gains. Analysts foresee the stock price oscillating between $87,610.05 and $127,131.16 this month. If it reaches these targets, investors can expect a profit of more than 50%. For long-term investors, the prognosis is good, despite present volatility.
Metaplanet invests $28.2M in Bitcoin amid market uncertainty
Metaplanet isn’t waiting for perfect conditions. The Japanese firm just acquired 330 more BTC, valued at $28.2 million. That brings their total holdings to 4,855 BTC. They paid an average of $85,605 per coin, staying aggressive despite global uncertainty and U.S. tariff headlines.
This is Metaplanet’s third Bitcoin buy for this month. The firm started its crypto strategy with the purchase of 809 BTC back in April 2024. It wants to reach 10,000 BTC by year-end, a move that will establish it as Asia’s leading corporate Bitcoin owner and one of the world’s top 10 largest holders.
With its price trading once more at over $87K, Metaplanet’s early gamble is already beginning to pay out.