Bitcoin. Institutions 'full buy' $2.5 billion...Mega Bull Market Explodes

▲ Blockchain, Virtual Assets, Institutions/

Amid rising expectations for a Middle East peace agreement, large-scale capital inflow from institutional investors has led Bitcoin (BTC) to break through its long-term downtrend and enter a new upward phase.

Cryptocurrency analyst Lark Davis stated in a video released on April 21 (local time) that peace negotiations between the U.S. and Iran are underway in Islamabad, Pakistan, and that these negotiations are highly likely to lead to more positive outcomes than in the past. He analyzed that if an agreement is reached, oil prices could fall, and risk assets, including Bitcoin, could strongly rebound. He predicted that the market would react sensitively to these geopolitical variables, showing significant volatility.

The movement of institutional funds is already revealing the market's direction. Strategy, led by Michael Saylor, invested approximately $2.5 billion last week alone to purchase an additional 34,064 BTC. Bitcoin spot ETFs also recorded a net inflow of approximately $1 billion, clearly strengthening institutional buying pressure. Such large-scale accumulation, a trend rarely seen in past bear markets, is considered a key factor supporting the market bottom.

Technically, a crucial turning point has also formed. Bitcoin is attempting to break through the long-term downtrend line that has continued since last October. Davis emphasized that if the price settles above the $78,500 mark on a daily basis, a full-fledged uptrend could begin. The expansion of Bitcoin's market share also suggests that the market structure is being reshaped.

Institutional accumulation has also been detected in the Ethereum market. Bitmine, led by Tom Lee, purchased approximately $250 million worth of Ethereum in just one day. The company is continuing its accumulation strategy with the long-term goal of securing 5% of the total supply. Technical indicators also showed a bullish reversal signal from the Moving Average Convergence Divergence (MACD), and the Relative Strength Index (RSI) also moved out of the oversold zone, suggesting a potential rebound.

Overall market capital flows are also extending to major corporate issues. Under the Donald Trump administration, SpaceX is pursuing a June listing with an estimated value of approximately $1.75 trillion, and Amazon has made a large-scale investment in the AI company Anthropic. Davis pointed out that these major events could be utilized as liquidity channels for early investors to realize profits, emphasizing the need to pay attention to the potential for increased market volatility.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*