#BTCRebound

Based on the search results, here's a detailed analysis of the factors influencing Bitcoin's potential rebound and its current market dynamics:

### **Current Bitcoin Price and Market Trends**

- As of **April 29, 2025**, Bitcoin's price is highly volatile, influenced by macroeconomic factors, institutional inflows, and regulatory developments. Recent data shows BTC trading around **$94,838.14**, with a slight increase of **0.14%** .

- Earlier in April, Bitcoin surged to **$87,248.71**, marking a **2.4% rebound** from lows of **$83,800**, driven by institutional ETF inflows and whale accumulation .

### **Key Factors Supporting a BTC Rebound**

1. **Institutional Investment & ETF Inflows**

- Spot Bitcoin ETFs, particularly BlackRock’s **IBIT ETF**, saw significant inflows (**$45.5 million in a single day**), indicating growing institutional confidence .

- However, earlier in February, ETF outflows (e.g., **Fidelity dumping $177.64M in BTC**) caused temporary bearish pressure .

2. **Whale Accumulation & Supply Tightening**

- Large investors ("whales") withdrew **14,000+ BTC from exchanges**, reducing sell-side liquidity and supporting price stability .

- In March, whales bought **22,000 BTC in three days**, signaling long-term bullish sentiment despite short-term selling pressure .

3. **Technical Indicators Suggesting Rebound Potential**

- The **Relative Strength Index (RSI)** neared oversold levels in late March, hinting at a possible rebound if selling pressure eased .

- **MACD** and ascending triangle patterns also indicated bullish momentum in April .

4. **Macroeconomic and Political Influences**

- **Federal Reserve Policy**: A dovish shift (potential rate cuts) could weaken the USD, benefiting Bitcoin .

- **Trump’s Policies**: His pro-crypto stance (e.g., creating a **U.S. Bitcoin reserve**) initially boosted BTC to **$109,588** in January 2025 . However, his trade war and tariff threats later caused market instability .