**Bitcoin Price Rises as More Companies Jump In**

Bitcoin (BTC) is currently trading around $115,569, with a total market value (market cap) of $2.3 trillion. There are nearly 20 million bitcoins in circulation. The price is up by nearly 1% in the last 24 hours, driven by new interest from companies adding Bitcoin to their balance sheets.

One major headline came from fashion retailer Mogu, which is listed on the Nasdaq. Its stock surged as much as 76% after the company announced it invested $20 million into Bitcoin, Ethereum, and Solana. Mogu said the move is part of a plan to diversify its treasury and prepare for next-generation AI services. After hitting $37 in 2021, Mogu’s stock had fallen to just $4.40, but this crypto investment brought new attention.

This move puts Mogu in the same category as other companies like MicroStrategy, which has become famous for holding a huge amount of Bitcoin — 638,460 BTC worth over $73 billion. These corporate investments show a growing trend where businesses see Bitcoin and other digital assets as both a hedge against inflation and a way to attract investor interest.

**Bitcoin Technical Outlook: What the Charts Say**

On the technical side, Bitcoin is currently forming an “ascending triangle” pattern. This means prices are making higher lows while facing resistance at a key level — right now that resistance is around $116,342. This kind of pattern often leads to a breakout.

Two important moving averages — the 50-day EMA (at $113,370) and 200-day EMA (at $112,937) — are trending upward, giving support to Bitcoin’s price. Momentum indicators are also positive. The Relative Strength Index (RSI) is at 64, which shows buyers are active but it’s not yet in the “overbought” zone.

If Bitcoin can break above $116,342, it could quickly move toward $117,456 and even $118,617 — both previous high points. However, if it falls below $114,819, there’s a chance it could pull back to around $113,383. Still, the overall trend looks bullish due to the pattern of higher lows.

Traders looking for a good risk/reward setup might consider entering a long position if Bitcoin breaks above $116,350, with a stop-loss at $113,000. Short-term targets include $118,600, and if momentum continues, we could see a push toward $130,000.

For long-term investors, this current period of price consolidation might be the last stop before a bigger move upward. Growing interest from companies and institutional investors is adding fuel to Bitcoin’s rise and reinforcing its image as “digital gold.”

**New Layer 2 Project: Bitcoin Hyper ($HYPER)**

Meanwhile, a new project called Bitcoin Hyper (HYPER) is aiming to expand what Bitcoin can do. It’s being built as the first Bitcoin-native Layer 2 solution using the Solana Virtual Machine (SVM). The goal is to bring fast and low-cost smart contracts and decentralized apps (dApps) to the Bitcoin ecosystem.

By combining Bitcoin’s strong security with Solana’s high-speed performance, HYPER opens new possibilities like creating meme coins, developing scalable dApps, and easy BTC bridging between networks.

The project has been audited by Consult to ensure trust and security for investors. Interest is growing fast — the presale has already raised over $15.3 million. Right now, HYPER tokens are priced at just $0.012905 during this phase of the presale.

Anyone interested can buy HYPER tokens directly from the official Bitcoin Hyper website using either cryptocurrency or a bank card.

**Key Takeaways**

– Bitcoin trades around $115K with strong support from corporate buyers
– Mogu’s crypto investment sparks a 76% stock surge
– Technical signals point to a potential breakout above $116K
– Traders eye targets near $118K and beyond
– New project Bitcoin Hyper brings fast smart contracts to BTC using Solana tech
– HYPER token presale crosses $15M with growing investor interest

With growing adoption from companies and innovation in Layer 2 solutions like HYPER, Bitcoin’s path forward continues to gain momentum — both as an asset and a platform for development.