#SaylorBTCPurchase The recent spike in Bitcoin’s price to over $91,000 appears to be fueled by a confluence of factors, with institutional interest leading the charge. Here’s a quick breakdown of who’s behind the momentum — and why it matters:
Who’s Buying?
1. Institutional Investors:
Coinbase Premium rising to 0.16% suggests significant U.S. institutional buying.
MicroStrategy, led by Michael Saylor scooped up over 6,500 BTC — a clear signal of long-term conviction.
Metaplanet, a lesser-known but growing institutional player from Japan, added 330 BTC.
2. ETF Investors:
$381 million in BTC ETF inflows on April 21 marks a major sentiment reversal, signaling TradFi (traditional finance) is back in play.
3. Derivatives Traders:
17% jump in open interest, driven by leveraged bets on future BTC price increases, shows bullish expectations.
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Why the Surge?
1. Breaking the Downtrend:
According to analysts like Rekt Capital, BTC’s multimonth downtrend is now broken, opening room for a new uptrend.
2. Weakened U.S. Dollar:
A faltering Dollar Index, combined with political pressure on Fed Chair Jerome Powell, is shaking confidence in fiat stability.
3. Macroeconomic Uncertainty:
Tariff fears, Fed infighting, and inflation jitters are pushing investors toward “hard money” like Bitcoin and gold.
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The Bigger Picture:
This isn’t just a price pump — it’s a potential regime shift. Bitcoin is decoupling from stocks, aligning more with gold, and attracting a blend of institutional, retail, and leveraged futures interest. If this trend continues, BTC could be on a path not just to new highs, but to an expanded role in the global financial ecosystem.#BTC☀️ #MarketRebound #SaylorBTCPurchase