Bitcoin Price Prediction – Why A Rally to $200K Could Be Coming Soon for BTC

Highlights:

• Bitcoin is still consolidating at $108,984 weekly resistance
• A high volume breach of $108,984 could pave the way for a rally to $200k
• Rising institutional demand chasing shrinking supply could trigger such price action 

Bitco(BTC) is showing little to no action today as the price continues the multi-week consolidation experienced recently. When writing, Bitcoin traded at $108,476.11, down by 0.39% intraday. Despite the lack of price action, Bitcoin trading volumes are on the rise. They have increased by 23% to $47.62 billion in the last 24 hours. This indicates that even as the price remains unchanged, Bitcoin is changing hands rapidly. New investors are coming in even as the old ones, especially those from the Satoshi era, choose to exit around the $100k level.

Institutional Appetite for Bitcoin On the Rise

The changing nature of ownership is evident in the number of institutions making or looking to include Bitcoin in their balance sheets. In the US, Michael Saylor’s Strategy has become the poster child for Bitcoin buying. The company now owns over 500k Bitcoin and aims for 1 million. Since Strategy started buying, many other companies have added Bitcoin to their balance sheets. 

The latest American company pushing towards Bitcoin as part of a broader strategy is Murano Global, a NASDAQ-listed company. The company has committed $500 million to create a Bitcoin reserve. This adoption is happening not only in the US but globally. One international company as aggressive as Strategy is MetaPlanet, a Japanese company that has chosen to go all in on Bitcoin. 

Nasdaq-listed Murano inks equity deal with Yorkville for up to $500M, mainly to buy bitcoin pic.twitter.com/grNSKYX11k

— InstitutionalFi (@InstitutionalFi) July 8, 2025

In their latest move, MetaPlanet announced that it plans to own more than 210,000 Bitcoin by 2027. This would give the company ownership of 1% of the total Bitcoin supply. The move has seen MetaPlanet’s stock rally by more than 300% this year. It is indicative that stock investors are bullish on Bitcoin and expect MetaPlanet’s ongoing accumulation of Bitcoin to continue positively impacting its price.

BREAKING: JAPANESE MICROSTRATEGY, METAPLANET ANNOUNCED THAT THEY PLAN ON BUYING 210,000 #BITCOIN BY 2027

CORPORATE ADOPTION IS GOING PARABOLIC. LET'S GO pic.twitter.com/E199QMFkqY

— The Bitcoin Historian (@pete_rizzo_) June 6, 2025

Regulatory Environment Likely to Drive Even More Bitcoin Adoption

The adoption of Bitcoin by corporations and other large holders is expected to strengthen over time. That’s because of the increasingly favorable regulatory environment across the globe. In countries like Japan and Brazil, the central banks are actively looking to add Bitcoin to their reserves, which could also inspire the local populations to invest in Bitcoin. 

Since Donald Trump came to office, there has been a monumental shift in how regulators perceive Bitcoin in the US. This is evident in the US Congress considering having a cryptocurrency week later this month.

NEW: Brazil's Bitcoin Reserve Bill 4501/2023, proposing "RESBiT" to allocate up to 5% of foreign exchange reserves to Bitcoin, passes its first committee.

If implemented, Brazil would be the second LATAM country after El Salvador to establish a legal BTC reserve. pic.twitter.com/c3DYsqlzvl

— Bitcoin News (@BitcoinNewsCom) June 17, 2025

Bitcoin Price Stagnant Due to Equilibrium Between Sellers And Buyers

Despite all this rising adoption, especially by institutions, Bitcoin’s price has stagnated. This can be attributed to a match between whale sellers and a ready market from institutional investors. Once the demand starts to outstrip the supply provided by the old whales, the odds are that Bitcoin could be headed for a rocket rally to new highs. It would make projections of Bitcoin pushing through $200k come true within the year.

Despite massive ETF inflows and surging institutional demand, Bitcoin’s price remains stuck in a tight range.

According to CNBC, the buy pressure is being offset by mega whales (like early Chinese miners from 2013) who are aggressively selling from wallets holding 1K–10K BTC. pic.twitter.com/plmS6bIr8E

— Bitcoin News (@BitcoinNewsCom) June 26, 2025

Technical Analysis – Bitcoin Price Continues Multiple-Week Consolidation

Bitcoin is still range-bound below the $108,984 resistance for the eighth week. This reflects the market reality, where old whales are offloading their Bitcoin to ready demand from institutional investors.

If the supply starts to shrink relative to demand and the $108,984 resistance is broken with high volumes, a price rally as high as $200k could follow in the short term.