{"id":875121,"date":"2025-10-02T21:34:01","date_gmt":"2025-10-03T02:34:01","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/10\/02\/bitcoin-price-prediction-can-btcs-118k-breakout-rally-hit-124k-next\/"},"modified":"2025-10-02T21:34:01","modified_gmt":"2025-10-03T02:34:01","slug":"bitcoin-price-prediction-can-btcs-118k-breakout-rally-hit-124k-next","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/10\/02\/bitcoin-price-prediction-can-btcs-118k-breakout-rally-hit-124k-next\/","title":{"rendered":"Bitcoin Price Prediction: Can BTC\u2019s $118K Breakout Rally Hit $124K Next?"},"content":{"rendered":"
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Crypto Writer<\/p>\n

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Arslan Butt<\/p>\n

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Crypto Writer<\/p>\n

\n Arslan Butt <\/span>\n <\/p>\n<\/p><\/div>\n

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About Author<\/p>\n

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis…<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n

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Last updated:\u00a0<\/p>\n

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\"Bitcoin<\/p>

Bitcoin Price Prediction<\/figcaption><\/div>\n

Alvara Protocol is aiming to reshape asset management through blockchain. Co-founder Dominic Ryder described his project\u2019s new Ethereum-based standard, ERC-7621, as the \u201cBasket Token Standard\u201d (BTS). It allows real estate, commodities, and multiple ERC-20 tokens to be packaged into investment baskets, much like index funds.<\/p>\n

Ryder envisions Alvara<\/a> becoming the \u201cFidelity of tokenized assets,\u201d opening the door for venture capital firms to create products like distressed \u201cvalue baskets\u201d or elite \u201call-star baskets.\u201d<\/p>\n

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Most people just trade assets.<\/p>\n

With Alvara, the portfolio itself can become the product.<\/p>\n

Mint a basket \u2192 earn fees \u2192 build a record.<\/p>\n

And if you want out? Sell the entire strategy.<\/p>\n

Performance becomes its own asset class. pic.twitter.com\/GpoScUCv25<\/a><\/p>\n<\/div>\n

\u2014 Alvara (@AlvaraProtocol) October 1, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

If widely adopted, ERC-7621 could mirror the role ERC-721 played for NFTs, making tokenization accessible at scale. Broader adoption of tokenized funds indirectly strengthens Bitcoin\u2019s position as the market\u2019s most trusted digital asset, encouraging institutional involvement and expanding blockchain\u2019s reach.<\/p>\n

Metaplanet Climbs to Fourth-Largest BTC Holder<\/span><\/h2>\n

Institutional appetite for Bitcoin is also accelerating. Japanese investment firm Metaplanet recently added 5,268 BTC<\/a> worth roughly $600 million, bringing its total holdings to 30,823 BTC. At today\u2019s price of $118,353, the stash is valued at $3.6 billion, giving the firm an unrealized profit of about 7.5% based on its average cost near $108,000.<\/p>\n

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JUST IN: ???????? Metaplanet buys another 5,268 Bitcoin worth $615.6 MILLION.<\/p>\n

They are now the 4th largest publicly traded Bitcoin treasury company ???? pic.twitter.com\/rsuJcIn9dd<\/a><\/p>\n<\/div>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) October 1, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Metaplanet\u2019s aggressive strategy, launched in April 2024, has quickly made it the fourth-largest corporate holder of Bitcoin. Its growing presence adds further pressure to Bitcoin\u2019s limited supply, reinforcing the narrative of BTC as a treasury asset and supporting long-term price appreciation.<\/p>\n

U.S. Lawmakers Revisit Crypto Taxation Rules<\/span><\/h2>\n

In Washington, lawmakers are shifting tone on digital asset taxes. The U.S. Senate Finance Committee will hold a hearing on crypto taxation following fresh IRS guidance easing the Corporate Alternative Minimum Tax (CAMT). <\/p>\n

The rule change allows companies to exclude unrealized crypto gains and losses from CAMT calculations, offering relief to major holders like Michael Saylor\u2019s Strategy, which owns more than 640,000 BTC.<\/p>\n

Policy experts from Coinbase and Coin Center are expected to testify. The move could ease selling pressure on corporate treasuries and foster more stable long-term confidence in Bitcoin.<\/p>\n

Bitcoin Price Forecast: Breakout Targets $124K<\/span><\/h2>\n

Technically, Bitcoin has staged a decisive breakout, climbing above $118,000 and breaking through a descending trendline that capped rallies since mid-September. <\/p>\n

A bullish engulfing candle on the 4-hour chart, combined with heavy trading volume, underscores renewed buyer conviction. Price has reclaimed both the 50-day SMA at $112,037 and the 100-day SMA at $113,395, now key support levels.<\/p>\n

Bitcoin Price Chart \u2013 Source: Tradingview<\/em><\/strong><\/figcaption><\/figure>\n

The RSI sits above 80, suggesting strong demand but also short-term overbought conditions. A retest of the $116,950 breakout zone may occur before the next leg higher. <\/p>\n

If momentum holds, Bitcoin could test $120,200, then $122,335, and ultimately $124,525 \u2014 resistance that capped rallies earlier this year. <\/p>\n

Traders eyeing entries may look for pullbacks toward $117,000\u2013$117,500, with upside potential extending toward $128,000 in the weeks ahead.<\/p>\n

This breakout not only highlights renewed technical strength but also dovetails with growing institutional demand and favorable regulatory shifts, setting the stage for a potentially stronger Bitcoin rally into year-end.<\/p>\n

Presale Bitcoin Hyper ($HYPER) Combines BTC Security With Solana Speed<\/span><\/h2>\n

Bitcoin Hyper ($HYPER)<\/a> is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). Its goal is to expand the BTC ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation.<\/p>\n

By combining BTC\u2019s unmatched security with Solana\u2019s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp development.<\/p>\n

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The team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its foundations.<\/p>\n

Momentum is building quickly. The presale has already crossed $19.4 million, leaving only a limited allocation still available. At today\u2019s stage, HYPER tokens are priced at just $0.013005\u2014but that figure will increase as the presale progresses.<\/p>\n

You can buy HYPER tokens on the official Bitcoin Hyper website<\/a> using crypto or a bank card.<\/p>\n

Click Here to Participate in the Presale<\/a><\/p>\n

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\n Margarett Paris<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto Writer Arslan Butt Crypto Writer Arslan Butt About Author Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis… Last updated:\u00a0 October 1, 2025 Bitcoin Price Prediction Alvara Protocol is aiming to reshape asset management through blockchain.<\/p>\n","protected":false},"author":1,"featured_media":875122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,4759],"tags":[],"class_list":["post-875121","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-price"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/875121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=875121"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/875121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/875122"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=875121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=875121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=875121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}