Bitcoin’s market experienced wild fluctuations after US President Donald Trump announced early in the month tariffs for 185 countries. BTC dropped to $74,000, losing nearly $13,000 of value. It entered trading in April at an $87,000 level. On Wednesday, the leading cryptocurrency hovers around $77300 and has lost more than 2 percent in the charts.
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According to the report, the price rise is due to a gradual accumulation of Bitcoin by major institutional investors. Tracy JinWatcher Guru spoke with the Chief Operating Officer (COO) of MEXC, a cryptocurrency exchange. Jin said that institutional investors buy the BTC dips and accumulate the asset with every correction of the market.
Investors buy Bitcoin on dips
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Its price was able to remain stable despite the Dow Jones plummeting nearly 2000 points Monday. Bitcoin has a new resistance as funds are poured into the market by institutional investors at times of weakness. “Institutional investors are quietly buying Bitcoin during sharp market corrections. A signal that the asset is becoming an increasingly important part of a balanced portfolio,” Jin.
She continued, “Despite warnings of a potential 20% drop, leading institutional voices have remained optimistic. Concerns over a possible recession and persistent inflation are reinforcing long-term interest in Bitcoin. Forecasts for 2025 still point toward six-figure price targets,” She said. She said.
Trump’s tariffs echo concerns about a possible recession or market crash, which could lead to job losses in the trillions. “While retail traders rushed to the exits, major institutional players struck a different tone. BlackRock, for instance, acknowledged the possibility of a 20% correction but framed it as a buying opportunity, not a reason to offload a valuable asset. This perspective aligns with a broader institutional belief that the current macro stress is part of a cycle, not a crisis,” She has summarized her thoughts.
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Source: watcher.guru
