Bitcoin has pulled back 10% from its all-time high of $123,000 and is now trading at $114,000 after a $300 billion crypto market wipeout. While the bounce has been slight, the focus remains on institutional behavior, especially BlackRock’s growing dominance in the Bitcoin ETF space. BlackRock’s Bitcoin ETF is the only one that continues to see steady inflow, even as total spot ETF outflows hit their highest since April. This is a sign that BlackRock’s product has become the institutional benchmark, driven by brand trust and regulatory clarity. 1^ ❊ BlackRock are playing the quietest but most dangerous game on the market ❊ ETFs aren’t enough – now they’re targeting 3% of all $BTC through a MicroStrategy takeover ❊ This isn’t a theory – it’s a real plan and it could unfold faster than you think pic.twitter.com/6Ms9NdGMdd — Herald (@HeraldInCrypto) August 4, 2025 Analysts believe this will be a key factor in shaping long-term Bitcoin sentiment. As inflation fears rise and questions loom over the US dollar’s future, traditional investors are turning to Bitcoin as a store of value. BlackRock’s positioning allows it to be the gateway between Wall Street and crypto. BlackRock’s ETF is bigger and more stable than rivals Institutional trust in regulated Bitcoin exposure is growing USD debasement concerns make BTC a better hedge Corporates Buying BTC Amid Weakness Another pillar supporting the long-term thesis is corporate accumulation. On Monday, Japan’s Metaplanet added 463 BTC to its balance sheet, bringing its total holdings to 17,595 BTC. While price is volatile, these large strategic purchases show strong conviction from institutions. METAPLANET JUST BOUGHT ANOTHER 463 BTC & NOW HOLDS 17,500 #BITCOIN $MTPLF IS UNSTOPPABLE pic.twitter.com/Si5aB6N6i6 — BitcoinConfAsia (@BitcoinConfAsia) August 4, 2025 Companies like MicroStrategy and Metaplanet are making Bitcoin a corporate treasury asset. Their accumulation is psychological and structural support for the market during drawdowns. As the narrative shifts from short-term speculation to long-term positioning, these moves tell us that major players still believe in Bitcoin’s upside regardless of short-term volatility. This helps to stabilize sentiment and may create higher institutional floors over time. Metaplanet now holds over 17,500 BTC Corporate buyers are long-term confident Large positions reduce panic selling Bitcoin (BTC/USD) Technical Analysis: Resistance at $115.8K On the technical analysis front, Bitcoin’s bounce has stalled at the key resistance at $115,800, where the trendline and 50 -period EMA converge. The 4-hour chart shows a lower high just below this zone, and the price is now heading back towards support at $114,000. A small candle followed by bearish continuation signals momentum is weakening. The RSI has also dropped from the mid-50s, a short term pivot zone. Unless BTC reclaims the $115,800–$116,900 area, the path of least resistance is down. #Bitcoin faces rejection at $115.8K trendline and 50-EMA. Lower high forming, RSI turning down. If BTC can't reclaim $116K, eyes on $112.2K and $110.7K. No bullish reversal yet—short-term bears in control. #BTC #Crypto #BitcoinPrice #TechnicalAnalysis pic.twitter.com/c7ZUKEzTbt — Arslan Ali (@forex_arslan) August 5, 2025 Key support levels are at $112,178, $110,663 and $109,060. If $114K fails to hold, we could see a retest of these levels in the next few days. Bearish Setup: Short at $114,600–$114,800 Stop-Loss: Above $116,000 Targets: $112,200 and $110,700 There is no bullish reversal pattern on the chart. For a change in momentum, we need a break above the trendline and sustained trading above the 50-EMA. Until then, bearish is the bias. Bitcoin Hyper Presale Over $7M as Price Rise Nears Bitcoin Hyper ($HYPER) , the first BTC-native Layer 2 powered by the Solana Virtual Machine (SVM), has raised over $7.1 million in its public presale, with $7,117,770 out of a $7,866,608 target. The token is priced at $0.012525, with the next price tier expected to be announced soon. Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity. The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction. The post Bitcoin Price Prediction: BlackRock Could Be Planning a Massive Move – Will This Send BTC to $200,000? appeared first on Cryptonews .
