Metaplanet Adds 25,555 BTC As Bitcoin Surges To $116,000
Posted On October 1, 2025
Metaplanet Inc. (OTCQX:MTPLF) has added over 5,000 Bitcoin (CRYPTO: BTC) to its growing treasury as BTC traded near $116,300 on Tuesday morning, breaking a key resistance trendline at the start of “Uptober.”
Bitcoin Breaks Wedge Pattern As $120,000 Target Emerges
BTC Technical Outlook (Source: TradingView)
Technical Analysis: On the 4-hour chart, Bitcoin broke out of a multi-week falling wedge as trading volumes improved, confirmed by a rising On-Balance Volume indicator.
The price is holding above clustered moving averages between $112,600 and $113,300, which now serve as near-term support.
Resistance sits near $118,000, aligned with the neckline of a rounded bottom formation.
A clear move above that level could open the path toward $120,000–122,000, while a drop below …
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