Bitcoin price is holding above $112K, with BTC price building a pattern that looks familiar to earlier breakouts. Bitplanet’s $40M Bitcoin treasury in South Korea adds a new layer to the adoption story but sits in the background compared to the charts. The focus remains on price action, where demand and resistance levels are shaping the path that lies ahead.
Bitcoin Price Action Mirrors A Familiar Rally Setup
BTC price is showing a sequence that looks almost identical to June, when a base near $100K sparked a 22% rally. That surge started once resistance cracked, forcing higher levels and squeezing shorts out of the market.
The current structure has formed above $112K, where demand zones have absorbed repeated sell-offs with strength. Resistance at $123K has capped price multiple times, but pressure continues to build below.
If that level breaks, there is room for a rally close to 43%, stretching into the $160K region, following the increased favorable macro trends and institutional adoption. The demand cluster between $110K and $112K is a critical anchor where buyers have consistently stepped in.
Each rejection near $123K has only strengthened the floor beneath, showing that accumulation continues under heavy supply. If a breakout unfolds, the gap between $123K and the $160K mark leaves a wide, clean path higher.
Volatility levels, as seen with ATR at 3,106, confirm that energy is present to sustain such a move.
With these conditions, the Bitcoin price prediction 2025 leans toward continuation, supported by repeating technical signals and solid buyer defense.
BTC/USD 1-Day Chart (Source: TradingView)
Bitplanet’s Treasury Sparks Institutional Confidence
Bitplanet has announced its plans to become the first institutional Bitcoin treasury in South Korea, with direct BTC purchases of 40 million. The move is a milestone in the region and is in line with the strategies that have been seen in Japan and the increasing drive of Asia into digital asset treasuries.
Executives emphasized that the acquisition is debt-free, which guarantees a strong balance sheet and sends a signal of credibility. The rebranding of SGA as Bitplanet is also a strategic move to fit the global institutional requirements, which opens the way to possible asset manager partnerships.
With the increase in treasury allocations, the technical picture that is already present on the charts may increase with institutional adoption, shaping the current price outlook.
To sum up, Bitcoin price is holding above strong demand while pressing beneath firm resistance. The repeated pattern resembles the June rally, though this time the space leaves room for 43%. Bitplanet’s treasury adds institutional weight without altering the technical core of the chart. If demand zones remain intact, BTC price could be primed for a strong breakout phase.
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