- Institutional Buyers Drive Bitcoin’s Recovery
- ETF Inflows Signal Strong Market Confidence
- Key Resistance at $88K Before Bitcoin’s Next Rally
Bitcoin began the week with significant upward price adjustments following a widespread market decline caused by the new tariffs. The asset exhibits strength by moving above critical levels which triggered institutional buyers to regain their interest. With rising demand and a changing macroeconomic environment, Bitcoin’s path toward $150,000 appears to be taking shape.
Bitcoin Reclaims Strength Amid Market Volatility
Bitcoin saw a recovery on Tuesday, posting a 3.7% increase after dropping due to concerns over new trade tariffs. The market report from TradingView demonstrates that Bitcoin opened at 82,550 USDT before reaching 85,499 USDT and staying within the 85,149 USDT zone.
Institutional buyers played a key role in the rebound, with multiple U.S.-based firms adding Bitcoin to their holdings. Companies such as MicroStrategy, Tether, and Metaplanet announced fresh Bitcoin purchases within the last 24 hours. Meanwhile, BlackRock’s IBIT ETF recorded 15 million USDT in inflows, showing continued interest in Bitcoin as a long-term asset.
Analysts suggest that Bitcoin’s ability to hold support above 82,500 USDT could set the stage for further upside movement. However, resistance near 88,000 USDT remains a key level to watch.
Technical Indicators Suggest Further Price Movement
Bitcoin’s technical indicators show mixed signals, with the Bollinger Bands suggesting increased volatility and potential movement toward 88,244 USDT. A potential pushback may occur toward 82,500 USDT if the price faces rejection,
The MACD indicator is turning positive, indicating improving momentum. A confirmed crossover above the signal line would provide stronger confirmation for a continued upward trend.
The next target stands at 88,000 USDT when Bitcoin succeeds in surmounting 85,500 USDT. However, if sellers push the price below 84,500 USDT, a retest of lower support levels may follow. Buyers are closely monitoring ETF inflows and macroeconomic developments for further confirmation of Bitcoin’s next move.
