📉 Price Movement and Catalysts
Bitcoin recently declined to levels near $104,000–$105,000, due to a reduction in the liquidity of long positions by about $595 million following U.S. military conflicts in the Middle East.
Despite the volatility, the price remained above the $104K range and a quick rebound is expected due to weak sentiment among individual traders.
---
🏦 Major Corporate Investments
MicroStrategy issued preferred shares worth $1 billion to purchase about 10,100 Bitcoins, bringing its total holdings to 592,100 Bitcoins, reinforcing its dominance as the largest institutional investor.
GameStop announced the issuance of bonds to buy Bitcoin after already entering the market by purchasing 4,710 Bitcoins.
Trump Media has applied to create an ETF that combines Bitcoin and Ethereum, and is also working on creating a 'Bitcoin Treasury' valued at $2.5 billion.
Overall, 61 public companies are looking to add Bitcoin to their financial reserves, inspired by the success of MicroStrategy.
---
⚙️ Technical Updates and Protocols
Launch of Bitcoin Core 2025 (v25.0) which includes improvements in privacy (such as BIP324), fee estimation, Taproot support, and configuration for second-layer infrastructure (BIP118).
Removal of the OP_RETURN limit on the main chain, opening the door for new data protocols like ZetaChain.
Discussions are ongoing about expanding the BitVM smart tool for off-chain verification, enhancing future compatibilities to improve cross-chain programmability via Bitcoin.
---
📣 Price Predictions
Some analysts expect the price to reach $330,000 during this current bureaucratic cycle, based on technical indicators and institutional shift patterns.
Billarban bets on the possibility of reaching $300,000 by the end of June, but the general market remains cautious with a large margin of uncertainty.
For his part, Michael Saylor of MicroStrategy announced a very optimistic forecast for Bitcoin at $21 million by 2046, considering it a historic strategic shift.
---
🧭 Summary
Prices: Volatile around $104–105K with the potential for a rapid rebound.
Institutional side: Continues to pump money and buy Bitcoin within the reserves of public entities.
Technical version: Updates enhancing privacy and technical support, paving the way for future expansions.
Forecasts: A broadly optimistic long-term range (300–330K) but realism and current variables keep it long-term.
