🚀 Bitcoin at a Crossroads – Is a Rebound Imminent ?
After falling from its ATH of $123,218 to $114,000, Bitcoin enters “oversold” territory with an RSI at 22 — could this signal an upcoming rebound? 👀
📈 What’s Driving the Market Right Now?
• Bitcoin ETFs have attracted $15B — with BlackRock’s IBIT fund holding 700,000 BTC
• Institutional flows are strong, with futures open interest reaching $57B
• Regulatory breakthroughs (GENIUS Law & MiCA framework) are lowering entry barriers for big players
💬 CZ’s Statement :
"The convergence between traditional finance and crypto is becoming inevitable."
Meanwhile, Bitcoin OGs are warning about growing institutional centralization risks.
💡 Should You Buy Now?
• Short-term: An oversold bounce is possible — but $115,000 is a critical resistance
• Long-term: Institutional inflows and treasury buys (e.g. Tesla’s $250M investment) are creating sustainable demand
• Trading Strategy: Watch institutional flows closely — $115k is the pivot for momentum signals
⚠️ The market is split…
Retail investors remain bullish (Long/Short ratio: 63.49)
But institutions are steering the ship — can you trust them?
📊 Bitcoin is under the microscope. Who really controls the price now — the people or the whales?