Bitcoin Price Forecast: $150K Rally on Metaplanet’s Accumulation

Highlights
- Bitcoin price bounces from $108K support toward $135K–$150K.
- Extension patterns align with bullish Bitcoin price outlook.
- Metaplanet hits 20,000 BTC, boosting institutional demand.
Bitcoin price remains central in market discussions as price structures align with corporate accumulation trends. Japan’s Metaplanet, having reached the 20,000 BTC mark worth about $2 billion, highlights the growing role of institutional adoption. With BTC price action showing a renewed bounce from support and companies reinforcing demand, the market is preparing for its next decisive chapter.
Bitcoin Price Action Bounces From $108K Support Toward Higher Projections
Bitcoin price has rebounded sharply from the $108,000 level, confirming this zone as a critical support within the current structure. The chart reveals a clean defense of this base, which has now turned into a springboard for renewed upward movement.
Each rejection near $123,000 marked temporary ceilings, but the repeated return to $108,000 without a breakdown strengthens its significance. This pattern shows the market compressing within a band while maintaining higher lows, a condition often preceding expansion.
Based on the Fibonacci extension, the projected upside targets $135,000 in the first stage and extends toward $150,000 if momentum continues. This makes the $108,000 to $125,000 range a staging ground for the next decisive move for BTC price.
The broader structure also reflects two distinct impulse waves—one producing a 62% gain and the second now forming with a 39% extension. This sequence suggests a continuation pattern, with consolidation serving as fuel for higher advances.
A confirmed close above $123,000 would validate this structure and open the pathway to $135,000, then $150,000. However, a breakdown under $108,000 would shift focus toward $100,000 and delay the bullish expansion.
So far, price reactions show strength in defending the base, aligning with the long-term Bitcoin price forecast that expects further growth. Therefore, the bounce signals the market’s intent to sustain higher levels while gearing toward extended targets.
Metaplanet Reaches 20,000 BTC as Corporate Adoption Expands
Japan’s Metaplanet has cemented itself as a notable corporate Bitcoin holder, with total reserves now at 20,000 BTC worth around $2 billion. Its most recent acquisition is 1,009 BTC valued at about $112 million, equivalent to an average price per share of 102,700, placing it among its biggest single buys.
The action is after a series of relatively minor purchases, such as 103 BTC only a few weeks ago, and supports its aggressive acquisition strategy. While the company’s stock declined 4% after the announcement, its Bitcoin reserves strengthen the balance sheet against traditional market weakness.
The strategy, which places Metaplanet in the ranks of the largest corporate holders in the world, demonstrates how companies are gradually turning BTC into a reserve asset.
The larger participants, including Strategy, who has more than 632,000 BTC, remain in control, but Metaplanet is growing rapidly. The milestone shows that institutional demand is still being used to dictate the price movement of BTC, another point of proof behind the technical predictions.
Summary
Bitcoin price is once again building from strong support levels while aiming at higher extension targets. The chart structure indicates potential toward $135,000 and possibly $150,000 if $123,000 breaks decisively. Metaplanet’s steady accumulation adds further weight to the bullish case, highlighting how institutions treat BTC as a reserve asset. Therefore, the combination of technical resilience and corporate demand sets the stage for continued upward pressure.
Frequently Asked Questions (FAQs)
1. Why is the $108K support level important for Bitcoin price?
2. What triggers could push Bitcoin price above $123K?
3. Why is Metaplanet’s 20,000 BTC accumulation significant?
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