Bitcoin Price Predicted to Reach $250,000 as Japanese Investor Metaplanet Opens Miami Office

Quick Summary:

Bitcoin (BTC): Strategic Expansion Drives Long-Term Price Outlook Bitcoin (BTC) price hit a 70-day peak of $97,822 on Friday, with Coingecko data shows showing 3.0% gains over the week and 15.4% in the last 14 days.

Bitcoin price edges towards $97,000 as institutional demand builds, led by Metaplanet’s expansion into the U.S.

While a retracement remains possible, particularly toward the $92,000–$90,000 zone, the momentum will likely remain bullish unless BTC closes below the 200-day average.

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Article Details

Author / Journalist: ibrahim

Category: Crypto

Markets: IndiaJapan

Topics: Bitcoin Price Analysis Bitcoin (BTC) Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 18:57:58 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 482 words

Reading Time: 3 minutes read

Sentences: 41 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28324369

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