Bitcoin Price Prediction: BTC Turns 17 as U.S. and Venezuela Push Global Crypto Integration

As Bitcoin celebrates its 17th anniversary, the global spotlight shifts to Singapore and Venezuela, two nations shaping the next wave of crypto ￰0￱ U. S. Treasury’s praise for Singapore’s regulatory leadership and Venezuela’s plan to integrate Bitcoin and stablecoins into its banking system signal a growing institutional embrace of digital assets, a shift that could redefine Bitcoin’s role in the global financial ￰1￱ Praises Singapore’s Crypto Leadership at APEC At the 2025 APEC summit in South Korea, ￰2￱ Secretary Scott Bessent commended Singapore’s Prime Minister Lawrence Wong for the nation’s strong support of digital assets and USD-backed ￰3￱ highlighted Singapore’s leadership in blockchain regulation and its cooperation on combating financial crime and illicit oil ￰4￱ IN: Treasury Secretary Scott Bessent met with Singapore PM to discuss “increasing adoption and use of digital assets” among other things ￰5￱ — Bitcoin Magazine (@BitcoinMagazine) October 31, 2025 Home to just 5.9 million people, Singapore has become a global crypto hub, issuing twice as many licenses in 2024 as in ￰6￱ one in four citizens now own digital assets, supported by clear regulatory ￰7￱ ￰8￱ strengthens global trust in regulated crypto adoption, a move likely to boost institutional confidence and support Bitcoin’s long-term value.

Venezuela’s Conexus to Integrate Bitcoin and Stablecoins Into Banking Venezuela’s largest payment processor, Conexus, which handles about 40% of all electronic transactions, plans to integrate Bitcoin (BTC) and stablecoins like Tether (USDT) into the country’s financial ￰9￱ company will launch a blockchain-based interbank network to help local banks offer crypto custody and enable faster, cheaper, and more transparent ￰10￱ IN: Venezuelan payments giant Conexus is planning to integrate Bitcoin and stablecoins into the country's banking ￰11￱ ￰12￱ — Bitcoin Magazine (@BitcoinMagazine) October 31, 2025 President Rodolfo Gasparri called the move a “natural and inevitable step” as digital assets gain ground ￰13￱ initiative aligns Venezuela with major institutions such as JPMorgan and Morgan Stanley, which are also expanding crypto ￰14￱ integration strengthens Bitcoin’s role as a practical hedge in inflation-hit economies and may drive long-term global demand for ￰15￱ Marks 17 Years With First ‘Red October’ Since 2018 As Bitcoin’s white paper turns 17, the world’s largest cryptocurrency faces its first red October in seven years, slipping over 3.5% this month amid a $19 billion market ￰16￱ the decline, Bitcoin remains a $2 trillion asset, ranking among the world’s top eight by market ￰17￱ on October 31, 2008, Satoshi Nakamoto’s paper “Bitcoin: A Peer-to-Peer Electronic Cash System” introduced blockchain and proof-of-work technology, a concept that revolutionized global finance.

It's Bitcoin Whitepaper Day 17 years ago, a 9-page PDF changed ￰18￱ we celebrate the words that started a movement and gave us 21 million reasons to believe in the New Money ￰19￱ — OKX (@okx) October 31, 2025 The latest dip as “controlled deleveraging,” a healthy reset that trims speculative excess and stabilizes long-term ￰20￱ prices briefly touching $104,000, market sentiment remains ￰21￱ traders expect the correction to lay the groundwork for Bitcoin’s next bullish phase as investor confidence ￰22￱ Technical Outlook: Triangle Pattern Near Breakout On the 4-hour chart, Bitcoin price prediction remains neutral as BTC is trading within a descending triangle, confined between resistance near $119,750 and support around $106,375.

This compression hints at an imminent ￰23￱ 20-period EMA continues to cap rallies, while spinning top and Doji candles show indecision among ￰24￱ RSI at 46 suggests neutral momentum but is ticking upward, often a precursor to recovery. A close above $111,675 would confirm a bullish breakout, exposing targets at $116,350 and $119,750. Conversely, a drop below $106,300 could deepen the correction toward $103,500 and $100,250. Trade Setup Summary: Entry: Buy above $111,675 (confirmed breakout) Stop-Loss: Below $106,300 Targets: $116,350 and $119,750 BTC remains coiled within a tightening structure — a decisive breakout in early November could define its next major move toward reclaiming $120K or retesting deeper ￰25￱ Hyper: The Next Evolution of BTC on Solana?

Bitcoin Hyper ($HYPER) is bringing a new phase to the Bitcoin ￰26￱ BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level ￰27￱ as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance ￰28￱ result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by ￰29￱ by Consult, the project emphasizes trust and scalability as adoption ￰30￱ momentum is already ￰31￱ presale has surpassed $25.2 million, with tokens priced at just $0.013195 before the next ￰32￱ Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ￰33￱ Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun ￰34￱ Here to Participate in the Presale