#StrategicBTCReserve
Bitcoin Holds Steady at $90,000 Level for a Month, What's Behind It?
Bitcoin (BTC) has demonstrated bullish strength in early May 2025, rebounding from macro sentiment and profit-taking pressures. After dipping to $78,000, Bitcoin rebounded to around $95,000, driven by institutional demand and whale accumulation. On-chain data reveals over 43,000 BTC worth $4 billion were accumulated by whales since mid-April, reinforcing the long-term accumulation trend. Despite profit-taking pressures, whale buying activity signals confidence in the potential for further rallies. While institutional inflows haven't fully recovered to last year's levels, market momentum remains positive. If the accumulation trend and demand continue, Bitcoin may break through new highs and initiate the next bull run phase this year. Not Financial Advice (NFA). Do Your Own Research (DYOR).
