BTC holds above $104K as BlackRock leads $388M inflows; institutions drive bullish momentum.
OBV and tight trading range suggest BTC may test $130K–$135K in Q3 2025, per analysts.
Whales added 231 new wallets as 37K retail holders exited, signaling quiet accumulation.
If everything goes according to plan, $BTC could go to $290,000 by the end of 2025. Bitcoin has remained above the $104,000 level despite recent market uncertainty, and strong institutional support continues to provide a foundation for long-term growth. The current BTC price is $106,131.63.
Market Holds Firm Amid Fed Announcement and Weak Retail Activity
Bitcoin briefly dropped below $104,000 earlier this week as traders reacted to political and economic conditions. However, the Federal Reserve announced that interest rates will remain steady at 4.50%, which brought some relief to markets. Bitcoin recovered slightly following the decision.
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According to an observation by CryptoQuant, exchange flows remained muted with inflows slightly higher than outflows. This showed that retail demand was still low. Despite this, BTC exchange inflows reached $388.3 million on Wednesday, with BlackRock leading the institutional purchases.
Further analysis by Cas Abbé revealed a rising OBV (On-Balance Volume), which showed increasing buying pressure. This indicator tracks volume activity and suggests that Bitcoin could soon test the $130,000–$135,000 range in Q3 2025.
Consolidation Signals Possible Breakout as Whale Accumulation Increases
Technical indicators on the BTC/USD daily chart suggest a compression pattern. According to analyst Daan Crypto, Bitcoin is trading within a tight range between $100,000 and $110,600. These movements typically occur before large price swings.
Santiment reported that 231 new whale wallets holding over 10 BTC formed in the last 10 days. At the same time, over 37,000 small wallets sold off. This contrast between whale buying and retail selling could indicate strength building beneath the surface.
According to BitBull, Bitcoin is now in the expansion phase after accumulation in January and February and market manipulation in March and April. As options expire today, traders are preparing for possible volatility and a push toward the $130,000–$135,000 range.
The post BlackRock Leads $388M BTC Inflows as Fed Holds Rates, Here’s Why Bulls Are Eyeing $135K Next appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
