Bitcoin Resilient Against Inflation: Metaplanet "All In", Price About to Exceed $110K?

Bitcoin is holding above $107,000 as traders digest mixed macro signals. The latest U.S. core PCE data, the Fed’s preferred measure, rose to 2.7% year-over-year in May, above the expected 2.6%. Core PCE increased by 0.2% compared to the previous month, while headline PCE only rose by 0.1%, indicating stable inflation. This supports the Fed’s cautious tone regarding interest rate cuts. Fed Chairman Jerome Powell advised patience in upcoming decisions, citing inflation risks, including potential tariffs imposed by former President Trump. Despite this backdrop, Bitcoin is showing resilience, above $106,000, while other risk assets are showing strain. There is no significant selling pressure even after the inflation figures rose sharply, therefore, market participants are in a wait-and-see mode, awaiting the next macro developments or confirmation of a technical breakout. Metaplanet Doubles the Amount of $BTC The trust of organizations in Bitcoin remains strong, as the Japanese company Metaplanet doubles down on its strategy. The company has raised 300 million dollars in non-discounted bonds to accelerate its Bitcoin-only buyback plan, reaffirming its bold long-term vision under CEO Simon Gerovich. Recent records show that Metaplanet purchased 1,111 BTC during the recent dip, aiming to accumulate 21,000 BTC by 2026 and 210,000 BTC by 2027. This is similar to MicroStrategy’s model but goes further—Metaplanet is not only integrating Bitcoin but also building its entire company thesis around it. Raised 300 million dollars for the purchase of BTC1.111 BTC added during the bear market. Goal: 21,000 BTC by 2026, 210,000 BTC by 2027. Bitcoin is the only treasury asset of Metaplanet. The company’s strategy could mark the beginning of a new wave of enterprise adoption as the company’s single asset approach becomes increasingly favored in Japan and abroad. Bitcoin Technical Outlook: Signals Reinforce Breakthrough Technically, BTC/USD is approaching a breakout after a week of consolidation. The price is at $108,215, testing the upper boundary of the rectangle at $106,450 - $108,980.

A bearish engulfing candle has formed at the resistance level and the price is above the 50 EMA at $106,257—therefore, the underlying strength remains intact. The MACD is positive, so the upward momentum could return if the volume increases to support the next move. A close above $108.980 could lead to a test of $110.448 and then $111.944.

Bitcoin trading ideas: Entry point: Buy long term above $109,000 (breakout confirmation)Target: $110,448 and $111,944Stop: Below $106,450 On the other hand, rejection at the resistance level could lead to a re-entry around the $106,450 mark if buyers defend the average range. Until a clear breakout occurs, the price of Bitcoin is expected to signal a neutral trend in the short term, but the bullish structure remains intact.