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The Bitcoin price edged up a fraction of a percentage in the last 24 hours to trade at $86,882 as of 1:06 a.m. EST on trading volume that dropped 8% to $28.9 billion.
This uptick in the BTC price comes as GameStop Corporation (GME) is reportedly moving to invest in the leading crypto after its board unanimously approved a plan to acquire digital assets.
🚨BREAKING:
GameStop just announced it will add #Bitcoin to its balance sheet.Big companies keep on accumulating more Bitcoin.
They probably know something we don't.
Bullish news for $BTC pic.twitter.com/Uv1dzSy8LX
— Grey BTC (@greybtc) March 26, 2025
The company announced that it would use a portion of its corporate cash or future debt issuances to invest in Bitcoin and US-dollar-pegged stablecoins.
In other news, BlackRock, the world’s largest asset manager, launched a Bitcoin exchange-traded product (ETP) on several European stock exchanges yesterday.
JUST IN: 🇪🇺 BlackRock launches Bitcoin ETP in Europe.
MASSIVE
— Cozy ⓣhe Caller 🔥💃🏻 (@cozypront) March 25, 2025
The iShares Bitcoin ETP began trading on March 25 on Xetra, Euronext Amsterdam and Euronext Paris, according to BlackRock’s product page.
Adding to the growing momentum in the crypto space, Dominic Rizzo of T. Rowe Price spoke at the Exchange conference in Las Vegas, highlighting Bitcoin as a solid investment opportunity.
He compared it to a commodity with limited downside potential, noting that its price is currently near mining costs, which is historically a good time to invest.
On the regulatory front, North Carolina lawmakers introduced bills that could allocate up to 5% of state retirement funds to digital assets like Bitcoin.
This move signals growing institutional interest in cryptocurrency and reflects a broader trend of government entities exploring how to incorporate digital assets into public financial systems, following similar actions from major financial institutions like BlackRock. So, what’s next for the BTC price?
Bitcoin Price Signals Further Upward Trajectory
The BTC price on the 4-hour timeframe shows a falling wedge pattern, which is a bullish reversal setup.
The Bitcoin price has recently broken out of this pattern, indicating a shift from bearish to bullish momentum.
Meanwhile, the breakout occurred around the $86,500–$87,000 range, with Bitcoin now trading at $86,882, according to GeckoTerminal data.
The 50 Simple Moving Average (SMA) on the 4-hour chart at $84,957.47 and the 200 SMA at $86,428 are closely interacting, suggesting a possible bullish crossover in the near future. If this occurs, it would reinforce the bullish momentum and could drive prices higher.
The Relative Strength Index (RSI) is at 54.41, which is in neutral territory. This suggests that there is room for further upside before the market reaches overbought conditions.
BTC Price Prediction
With the falling wedge breakout confirmed, the Bitcoin price is highly likely to reach the $97,500 target, representing a 12.05% rise from current levels.
The breakout is backed by improving RSI levels and a potential bullish crossover of the moving averages.
However, if the price of Bitcoin fails to hold above the breakout zone ($86,500), it could retest support around $84,500–$85,000 before attempting another move higher.
A break below these levels would invalidate the bullish outlook and could lead to further consolidation.
Meanwhile, investors are piling into a new Bitcoin-themed meme coin called BTC Bull Token (BTCBULL) , which will give token holders free Bitcoin.
99Bitcoins, a prominent YouTube channel with over 725k subscribers, says BTCBULL has the potential to soar 10X after launch.
BTC Bull Token Smashes $4.1 Million In Viral Presale
New meme coin BTC Bull Token just rocketed past $4.1 million raised in its ongoing token presale, confirming this ICO’s place as one of the hottest new crypto launches of 2025.
This token stands out as the only meme coin with a rewards system tied to Bitcoin’s price milestones. It unlocks actual Bitcoin for holders when BTC surpasses new highs.
If you hold BTCBULL tokens in Best Wallet, you’ll earn BTC airdrops when Bitcoin’s price reaches $150,000 for the first time and for every $50,000 gain after that.
A huge BTCBULL token airdrop will also await the strongest holders when BTC hits $250,000, weighted by the Community Sale purchase amount.
🚨 $BTCBULL is Live in Upcoming Tokens! 🚨@BTCBULL_TOKEN is a Bitcoin rewards-based meme token that delivers milestone-based airdrops as Bitcoin hits new price levels.
With built-in incentives for buying, holding, and trading, $BTCBULL gives holders a new way to stack BTC.… pic.twitter.com/BMzBHcLltU
— Best Wallet (@BestWalletHQ) February 10, 2025
Beyond the Bitcoin rewards, the project also incorporates token burns that kick in when BTC reaches $125,000.
BTCBULL token holders also have an opportunity to earn passively through the project’s staking platform, which offers a massive 103% annual percentage yield (APY).
Investors interested in participating in the presale can visit the official BTC Bull Token website to buy BTCBULL tokens for $0.00243 each using BNB, ETH, USDT, or a bank card.
Buy before a price hike in about 2 days to lock in the best presale rate.
Visit the BTC Bull Token website.
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- BlackRock To Launch Bitcoin ETP In Europe Today
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- PEPE Rises 1% As Investors Flock To This New AI Meme Coin ICO
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