🚀 Bitcoin Eyes $121K Surge as Wall Street and Main Street Fuel the Rally

Institutional whales and retail FOMO collide—BTC's next leg up could rewrite the playbook.

The big money moves in

BlackRock's ETF inflows just hit their third consecutive record week while Coinbase retail volumes spike 40%. When the suits and sneakers brigade align, price discovery gets violent.

Retail traders pile on

Google searches for "Bitcoin halving" peaked last week—because nothing screams 'sound investment strategy' like Googling basic supply mechanics at all-time highs.

Short squeeze brewing?

With $2.8B in BTC shorts still open, the market's primed for liquidations if $121K breaks. Cue the 'I told you so' tweets from laser-eyed maximalists.

As one hedge fund manager quipped: 'We're either early or wrong—but at least we're not those gold bugs.'

Market Signals Point to Strength and Caution

The off-chain metrics show improvement. The spot Cumulative Volume Data (CVD) registered a 94% gain; the futures perpetual CVD ROSE 88%, and ETF outflows dropped 55% to $312 million. However, the spot volumes fell down 22% in a week-on-week; hence, wide participation has not yet returned.

On-chain activity is on the rise, with active addresses increasing by 8% to reach 793,000, and transaction fees climbing 10% each week. Interestingly, 94% of the total supply is currently in profit, but this high level of profitability also raises the chances of quick profit-taking.

According to CryptoQuant analyst ShayanBTC7, there has been a change in the BTC futures market. Retail investors are currently the most dominant instead of being dominated by whales.

Institutional Calm, Retail Surge: BTC Nears Key Breakout

"There has been a noticeable rise in red clusters, indicating that retail-sized orders are taking a larger share of market activity. Historically, extended whale dominance NEAR market peaks often coincided with… pic.twitter.com/nTNuRphwfn

As per the data, late 2024 was dominated by rallies from the big whales, and recently, there has been a different turn with smaller orders by retail investors making headlines. The large holders are sitting tight, either hoping for prices to go lower to enter at better levels or maybe speculating on an upside.

Also Read: DigitalX To Expand bitcoin Holdings Despite ASX Breach Claims