After a period of intense sell pressure, Bitcoin experienced a notable rebound in the second half of the week. This recovery was driven by increasing whale inflows, which reached their highest levels since early February. 44,170 BTC flowed into large wallets on Friday alone, indicating strong bullish sentiment.
Despite recent market turbulence caused by tariffs and geopolitical tensions between China and the U.S., Bitcoin managed to stabilize and even surge above $84,000 mark. This rebound is attributed to a combination of factors: increased whale demand, cooling institutional outflows, and positive investor sentiment.
Investors are optimistic about the future of Bitcoin as they believe this recovery could signal a sustained upward trend towards the $100,000 price level. However, the market remains cautious regarding potential impacts from global economic conditions like stagflation, which may influence Bitcoin’s trajectory.
A recent Grayscale analysis suggests that Bitcoin might benefit from trade tensions and a shift away from US dollar-based assets. The scarcity of Bitcoin is highlighted as a key factor supporting its appeal as an alternative reserve asset in such environments.