Bitcoin’s price is experiencing a sustained rally, driven by a strategic change in miner behavior and a surge in institutional involvement. Analysis from CryptoQuant indicates that miners are transitioning from selling to accumulating Bitcoin, suggesting a more stable price trajectory. This shift is evident in the increased miner reserves and steady price increases observed over July to October 2025, accompanied by decreased selling pressure. The re-emergence of institutional buying activity, as evidenced by the rising open interest in mid-term CME options, further supports this rally. This bullish sentiment is also reflected in the increased Taker Buy Sell Ratio, signifying renewed trader confidence. The combined effect of these factors creates a more sustainable Bitcoin rally.