Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
Bitcoin is currently priced around $102,100 as investors assess mixed signals across various markets. Corporate Bitcoin holdings are on the rise, although MicroStrategy’s share has decreased to 60% of total reserves.
Morgan Stanley recommends caution, labeling this period as a potential profit-taking phase, while a stronger U.S. dollar exerts short-term pressure.
Nonetheless, BTC’s symmetrical triangle formation suggests a possible breakout toward $104,000 and beyond.
MicroStrategy’s Bitcoin Share Declines as Corporate Adoption Grows
MicroStrategy continues to be the largest corporate holder of BTC, but its share is diminishing as more companies incorporate BTC into their balance sheets. Data from BitcoinTreasuries.NET indicates that MicroStrategy now possesses 640,808 BTC, representing 60% of total corporate Bitcoin reserves — a decrease from 75% earlier this year.
Corporate Bitcoin accumulation slowed in October, with both public and private entities adding only 14,447 BTC — the smallest monthly increase of 2025. Coinbase acquired 2,772 BTC, while Japan’s Metaplanet led with 5,268 BTC, highlighting steady institutional confidence in BTC’s long-term value.
UPDATE: Saylor’s Strategy still leads corporate $BTC holdings with 640,808 $BTC, but its share slipped to 60% as more firms add Bitcoin to treasuries. pic.twitter.com/DeOHXNe0ed
— Cointelegraph (@Cointelegraph) November 12, 2025
Fidelity Digital Assets observed that corporate treasuries continue to restrict Bitcoin’s liquid supply, as most companies prefer to hold rather than sell.
The BTC/USD pair fell to $101,700 amid slower accumulation, indicating potential near-term consolidation. However, the increasing number of firms adopting BTC for reserves supports a favorable long-term outlook for the asset.
Morgan Stanley Cautions Bitcoin is Entering Profit-Taking Phase
Morgan Stanley strategist Denny Galindo states that Bitcoin has entered its “fall season,” a stage in its four-year market cycle when investors typically realize profits before a potential downturn. Galindo likened Bitcoin’s pattern to natural seasons, describing a “three-up, one-down” rhythm where fall signifies the time to “harvest” gains before winter arrives.
Morgan Stanley strategist Denny Galindo states that Bitcoin has entered its “fall season,” a stage in its four-year market cycle when investors typically realize profits before a potential downturn. Galindo likened Bitcoin’s pattern to natural seasons, describing a “three-up, one-down” rhythm where fall signifies the time to “harvest” gains before winter arrives.
Morgan Stanley indicates Bitcoin is in its “fall season.”
Strategist Denny Galindo characterized the current phase as the time to “harvest gains” before a potential crypto winter, referencing Bitcoin’s historical three-up, one-down cycle pattern. pic.twitter.com/LTkcFvxX85— Satoshi Club (@esatoshiclub) November 12, 2025
Morgan Stanley indicates Bitcoin is in its “fall season.”Morgan Stanley’s Michael Cyprys noted that institutional demand remains robust despite the recent pullback, with Bitcoin ETFs holding over $137 billion in assets.
Bitcoin’s 1.5% drop followed the bank’s cautious comments, as some traders secured profits. Nevertheless, consistent ETF inflows and increasing institutional participation indicate sustained long-term confidence in Bitcoin’s overall trajectory.
Dollar Strengthens as U.S. Government Reopening Boosts Market Confidence
Related Posts
The U.S. dollar appreciated on Wednesday as markets anticipated the conclusion of the extended government shutdown. The Dollar Index increased by 0.19% to 99.63, bolstered by expectations that delayed economic data, including crucial jobs reports, will soon be released—potentially influencing the Federal Reserve’s next rate decision.
$USDJPY reaches fresh nine-month highs on Yen weakness amid optimism for an end to the US government shutdown and potential challenges to #BankofJapan rate hikes under the new fiscally dovish PM.
However, the BoJ maintains its tightening stance, and the currency’s decline raises the… pic.twitter.com/FP1h6EPKf8— Tradu (@TraduOfficial) November 12, 2025
The yen weakened to its lowest point since February amid speculation that Japan’s new government may postpone rate hikes. Meanwhile, both the British pound and the euro declined against the dollar as investors favored the greenback ahead of renewed U.S. economic activity and forthcoming Fed commentary.
Bitcoin Price Prediction: BTC Targets $104K as Triangle Pattern Narrows
Bitcoin (BTC/USD) is trading around $102,100, moving within a narrowing range that is forming a symmetrical triangle on the 4-hour chart. This pattern indicates that the market is coiling before a significant breakout, with traders closely monitoring for a move beyond either side of the formation.
BTC found support near $101,000, where a hammer candle formed, indicating that buyers are still entering on dips. The 20-EMA is positioned just below the 50-EMA, reflecting short-term caution but also suggesting a potential bullish crossover if momentum increases. The RSI at 48 remains neutral, indicating that volatility could soon expand as traders prepare for the next move.
Bitcoin Price Chart – Source: Tradingview
A confirmed break above $104,000 would likely initiate a rally toward $107,500, with further upside possible near $110,900. Conversely, if Bitcoin falls below $99,200, a deeper pullback toward $96,200 or $93,400 could occur, where stronger historical support exists.
For the moment, traders are awaiting confirmation. The breakout direction, whether above $104,000 or below $99,000, will likely determine the trend for the remainder of the quarter. With volatility tightening and institutional inflows increasing, Bitcoin’s current pause may be the calm before a significant year-end movement.
Bitcoin Hyper: The Next Evolution of BTC on Solana?
Bitcoin Hyper ($HYPER) is introducing a new phase to the Bitcoin ecosystem. While BTC continues to be the benchmark for security, Bitcoin Hyper provides what it has always lacked: Solana-level speed.
Developed as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it combines Bitcoin’s stability with Solana’s high-performance framework. The outcome: rapid, low-cost smart contracts, decentralized applications, and even meme coin creation, all secured by Bitcoin.
Audited by Consult, the project emphasizes trust and scalability as adoption increases. And momentum is already significant. The presale has exceeded $26.9 million, with tokens priced at just $0.013255 before the next increase.
As Bitcoin activity rises and the demand for efficient BTC-based applications grows, Bitcoin Hyper distinguishes itself as the bridge connecting two of crypto’s largest ecosystems. If Bitcoin laid the groundwork, Bitcoin Hyper could enhance it to be fast, flexible, and enjoyable once more.
Click Here to Participate in the Presale
The post Bitcoin Price Prediction: Is BTC’s $104K Breakout the Calm Before a Massive Year-End Rally? appeared first on Cryptonews.
