Bitcoin Price Prediction: Bulls Eye $124K as SoFi, BlackRock & Bitcoin Hyper Fuel Next Leg Up

2025-10-29 07:54:21

Bitcoin is consolidating near $112,400 after pulling back from a $117,600 double-top, but institutional momentum is building fast. From SoFi’s crypto trading launch to BlackRock’s tokenization push and the rise of Bitcoin Hyper, the stage is set for a breakout toward $124,000+.

SoFi Goes All-In on Crypto

Fresh off a record Q3:

$950M revenue (+38% YoY)
$0.11 EPS (beat estimates)
905K new members (total: 12.6M)
Financial services revenue +76%

SoFi announced:

Bitcoin & crypto trading launching by** end of 2025**
SoFi USD stablecoin in early 2026
Blockchain-powered international transfers

From student loans to full-stack digital banking — SoFi is now a crypto gateway for millions.

This move injects retail liquidity and mainstream credibility, directly supporting Bitcoin’s price action.

BlackRock: Gold Under $4K, Tokenization Rising

As gold dips below $4,000, central banks are under pressure to digitize reserves. BlackRock CEO Larry Fink highlighted:

Tokenization market: $2T → $13T by 2030
Central banks exploring digital assets
Bitcoin & gold as “assets of fear”

BlackRock manages $2.8B in tokenized funds — and sees blockchain as the future of finance.

Bitcoin briefly hit $115,500 post-Fink’s comments, signaling institutional rotation into digital scarcity.

Bitcoin Hyper: BTC + Solana Speed = Next Evolution

Bitcoin Hyper ($HYPER) is the first Bitcoin-native L2 using Solana VM (SVM):

Sub-second transactions
Near-zero fees
Full BTC security via ZK-bridged deposits
No wrapped tokens, no custodians

Developers can now build:

High-speed DeFi
Meme coins
dApps
NFTs

—all settled on Bitcoin.

Presale: $24.6M raised at $0.013Staking APY: Up to 150%

Interoperable with Ethereum, Solana, BNB Chain, $HYPER unlocks Bitcoin’s Web3 potential without sacrificing security.

Technical Outlook: $124K Breakout in Play

Level	Role
$117,600	Double-top resistance
$114,900	20-day EMA (dynamic resistance)
$112,300	50-day EMA (current support)
$108,600	Major demand zone
$124,100	Next Fibonacci target

RSI ~49: Neutral, room to run
Break above $114,900 → targets $120,500 → $124,100
Hold $108,600 → uptrend intact

With rate cut expectations, ETF inflows, and nation-state buying, Bitcoin’s path to $130,000 by 2026 remains firmly in sight.

BTC0.78%

HYPER1.67%

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