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The Bitcoin price prediction took a new turn this week after profit-taking extended on Thursday, driving the largest crypto below the $108,000 mark.
Despite a strong bounce on the weekend, BTC price has lost momentum and erased the recovery gains to create a new weekly low of $107,464. This failed rebound has shaken investor confidence in the market recovery.
This extended profit booking in the crypto market is driven by cautious investor sentiments due to uncertainty in U.S.–China trade tensions, interest rates, and fear of global corrections. However, despite short-term weakness, long-term confidence in Bitcoin has remained intact.
In a new development, Newsmax Inc., a media company, has authorized a plan to purchase up to $5 million in Bitcoin and Trump Coin. This growing interest signals confidence in Bitcoin’s future value and its role as a key digital asset.
Although Bitcoin is the largest crypto, its slow speed and high transaction costs limit ecosystem development. That’s why early Bitcoin holders are now buying the first BTC layer-2 protocol, Bitcoin Hyper, during its ongoing presale. The project has already raised $24 million, reflecting strong investor confidence.
Newsmax’s Bitcoin Purchase Plan: Institutional Accumulation Continues
Publicly traded company, Newsmax Inc., with a market capitalization of around $1.5 billion, is creating a digital assets treasury centered on Bitcoin and President Donald Trump’s meme coin.
According to statements by Newsmax executives on Thursday, the board has approved a plan to buy up to $5 million worth of BTC and TRUMP within the next twelve months.
Newsmax CEO Christopher Ruddy said, “Bitcoin is fast becoming the gold standard of cryptocurrency, and we believe it would be an important company marker to add this asset to our company reserves.”
95% of all ETH held by public companies was purchased in the past quarter alone.
Watch this space.
Corporate ETH Adoption, Q3 2025 Edition pic.twitter.com/9hDARuo9vQ
— Bitwise (@BitwiseInvest) October 15, 2025
Many companies across different sectors have been steadily buying Bitcoin for years, and the trend is accelerating fast. In just three months, the number of public firms holding Bitcoin jumped 38%. Bitwise Asset Management’s Q3 report shows that 172 publicly traded companies now own Bitcoin, with 48 of them joining in the past few months.
Bitcoin Price Prediction: Can It Regain Short-term Levels?
After crossing $116,000 resistance level last week, BTC has spiraled downward. Amid a massive sell-off and broader bearish sentiment, it has slipped below $108,000, marking a 7.30% downturn. Additionally, the bears have caused a 10.21% decline on the weekly chart.
Bitcoin price chart. Image Courtesy: TradingView
Are more red days looming? Daily trading volume has increased by 25.33% to $85.88 billion, indicating a rise in trading activity despite a decline. However, Bitcoin dominance has surged in the past few weeks, reaching a 60% level.
Given the decline in investor interest and confidence, it’s possible that BTC will retest its monthly low. However, experts believe an overall market rally could serve as a bullish catalyst for the crypto market.
Bitcoin Short-Term Forecast: Key Levels to Watch
Despite bearish pressure, Bitcoin is holding strong above $107K as bulls defend key support levels. Mid-sized investors and institutions are actively accumulating BTC again, signaling renewed market confidence. Here are the key levels to watch in the short term:
| Support Levels | Resistance Levels | |
|
S1,R1 |
$107,000 | $112,000 |
| S2,R2 | $105,000 |
$116,000 |
| S3,R3 | $100,000 |
$120,000 |
Bitcoin Hyper — Why Smart Money is Betting Big
The Bitcoin Hyper project has gained massive traction despite a bearish short-term Bitcoin price prediction. Since its presale began, the project has raised $24 million, becoming the best crypto presale of 2025.
The main reason smart investors are doubling down is Bitcoin Hyper’s unique infrastructure backed by BTC’s long-term bullish outlook. Unlike most emerging projects starting afresh, Bitcoin Hyper is creating a layer-2 protocol on top of the Bitcoin network, which addresses its speed and scalability problems and opens its $2.5 trillion liquidity for dApps, DeFi, meme coin trading, NFTs, and other applications.
Bitcoin Hyper is a layer-2 network designed to combine the security of Bitcoin with the speed of the Solana Virtual Machine (SVM). It aims to solve Bitcoin’s long-standing scalability issues by enabling faster and cheaper transactions.
Bitcoin Hyper highlights:
- The platform is revolutionizing the Bitcoin ecosystem with new utilities
- Bitcoin Hyper is the best crypto presale of 2025, with audits by Coinsult and Spywolf signaling transparency and investor trust
- Strong investor interest – $24 million raised
- Massive 49% APY staking rewards
- Currently trading at a low price of $0.013125.
As Bitcoin exhibits high volatility, many analysts view Bitcoin Hyper as a strong contender for the next major winner. For investors seeking the next 100x crypto, HYPER token’s low price presents the best opportunity.
