Corporations are buying up Bitcoin: MEXC expert predicts growth to $120,000

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Major companies continue to increase their Bitcoin holdings, cementing its status as a long-term asset.

MEXC Research Chief Strategist Sean Young explains how corporate accumulation is impacting the market, what price levels will be key in the coming weeks, and what risks investors should consider.

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Bitcoin forecast based on large companies' holdings

Data shows that companies are seriously considering accumulating Bitcoin: for example, MicroStrategy recently acquired 168 BTC (~$18.8 million) at a price of approximately $112,051 per coin. This move reinforces the perception of Bitcoin not just as a speculative asset, but also as a means of preserving capital and a long-term asset for corporate investors.

When public companies increase their Bitcoin reserves, it creates two important signals for the market:

  • First, the presence of institutional demand, which raises the barrier to a major sell-off.
  • Secondly, a decrease in the liquid portion of Bitcoins available on the market, which could potentially create pressure on supply as demand increases.

Key scenario for the coming weeks

Based on this, Young predicts that Bitcoin could hold a range of around $108,000–$115,000, and with the activation of institutional flows and a positive macroeconomic context, even reach $120,000+.

“If external negatives (risk appetite, regulation, macroeconomics) intensify, a test of support around $100,000–$102,000 is possible,” the expert noted.

Potential risks

Among the risks, our interviewee believes, it's important to note the increased liquidity from companies, which can create a “buffer” but doesn't guarantee growth. If private investors begin selling en masse amid the institutional surge, this could offset the effect.

He also said it's worth monitoring the news and regulatory environment: changes in tax rules or bans on holding large reserves could trigger a correction.

Overall market assessment

He believes investors should be prepared for a range of $100,000 to $120,000 in the short term.

“Overall, the situation is developing positively: large-scale capital accumulation strengthens Bitcoin's foundation as a safe-haven asset, and the market could enter a phase of sustainable growth,” Sean Young concluded.

Source: cryptonews.net

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