Bitcoin Price Prediction: Under the triple favourable information of Nasdaq tokenization, institutional accumulation, and technological breakthroughs, BTC will hit $130,000.

The price of Bitcoin is currently at $112,322, having risen about 1% in the past 24 hours, with a volume of $40.5 billion and a total market capitalization of $2.24 trillion. Beyond the price fluctuations, the core forces driving the Bitcoin market are being reshaped by three key trends: Nasdaq's entry into tokenization of stocks, continued accumulation by institutions, and tightening of technical structures, which signals an imminent breakout.

Three Forces Reshaping the Bitcoin Market

1. The tokenization leap of Nasdaq

Nasdaq has officially submitted an application to the U.S. Securities and Exchange Commission (SEC) seeking approval to trade tokenized U.S. stocks. This move represents a milestone step in the integration of traditional finance and blockchain. If approved, investors will be able to choose between trading traditional stocks and blockchain-supported tokens. This initiative will not only promote the modernization of financial markets but also highlight the increasing importance of blockchain infrastructure in mainstream finance.

2. Continuous Accumulation by Institutions and Sovereign Nations

Institutions and sovereign players are continuously accumulating Bitcoin. Japanese company Metaplanet increased its holdings by 136 BTC this week, bringing its total to over 20,000 BTC (worth over $2 billion).

El Salvador symbolically purchased 21 BTC on "Bitcoin Day," increasing its national reserves to 6,313 BTC. Meanwhile, Michael Saylor's company, Strategy, acquired another 1,955 BTC (worth approximately $217 million), bringing its total holdings to 638,460 BTC, solidifying its position as the world's largest corporate Bitcoin holder.

These measures collectively indicate that Bitcoin is not only being adopted at the level of financial infrastructure but is also being continuously absorbed by long-term holders, thereby reducing the tradable circulating supply.

3. Technical Structure Indicates Breakthrough

Bitcoin price is consolidating in an ascending triangle pattern, which is a bullish continuation pattern. The current price is approaching the resistance level of $113,400 and has been consistently raising the low points since the end of August. The 50-day Simple Moving Average (SMA) at $111,230 provides support, while the 200-day Simple Moving Average (SMA) at $112,777 constitutes immediate resistance. The Relative Strength Index (RSI) is at 62, indicating a solid but not overheated level, suggesting there is still room for a rise.

What Do These Measures Mean for Bitcoin

The impact of these events goes far beyond the headlines.

Tokenization of Nasdaq: This will accelerate institutional adoption, provide new legitimacy for blockchain-based settlements, and bring indirect exposure to Bitcoin by increasing trust in the ecosystem.

Sovereign and Corporate Purchases: This highlights the increasingly strong belief in the market that Bitcoin can serve as a hedge against economic fragility and fiat currency devaluation. Metaplanet's goal of holding 210,000 BTC by 2027 confirms this strategic shift. (4)

Supply Limited: With over 19.92 million BTC mined, less than 1.1 million coins are available for issuance, and continuous institutional buying will directly exacerbate scarcity pressure.

These driving factors together lay the foundation for further pump of Bitcoin, provided that the technical level remains consistent.

Bitcoin (BTC/USD) Technical Outlook: Focus on Triangle Flag Breakout

(Source: TradingView)

Bitcoin is consolidating near its resistance level of $113,400. If Bitcoin can break through this key level with volume, the next rise targets will be $115,400 and $117,150. This move will confirm that the recent price compression is a buildup phase for a new upward trend.

On the contrary, if the level of $111,500 cannot be held, there is a risk of falling to $110,000 or $108,450. However, the continuously rising trend line indicates that any decline may just be a correction rather than a signal of a reversal.

For traders, going long above $113,400 is an attractive setup, while placing the stop-loss below $111,200 to manage risk. A successful breakout is expected to push Bitcoin into the next rise cycle, potentially paving the way for it to advance towards the $130,000 milestone in the future.

Conclusion

Bitcoin is at a crucial crossroads, with its price trend influenced not only by technical chart patterns but also profoundly affected by macro narratives and institutional dynamics. The participation of traditional financial giants like Nasdaq and the continued buying by institutions have injected strong bullish sentiment into the market, forming the basis for long positions alongside technical indicators. This resonance between fundamentals and technicals provides Bitcoin with a solid platform in hopes of achieving its next round of growth. The future price direction will serve as the ultimate validation of the interplay between these bullish catalysts and long-term technical obstacles.