It’s been an eventful three days for the crypto market, to say the least.
But Bitcoin holders have fared the best, as Bitcoin prices have rebounded sharply to around $116,000 today after a volatile weekend that saw widespread crypto market weakness.
Bitcoin prices fell to the low $100,000s on Friday as the U.S.-China trade war roiled global markets. President Donald Trump announced new 100% tariffs on Chinese goods after the Chinese government announced sweeping export controls scheduled to begin on November 1st.
However, the market turmoil eased over the weekend, and Bitcoin prices gradually rebounded. In response to the trade tensions, President Trump backtracked on some of his concerns, posting that “everything will be fine.”
This recovery comes as both institutional investor capital inflows and corporate treasury activity are contributing to stabilizing overall crypto market sentiment.
The recent price rally was partially triggered by the announcement that Strategy purchased an additional 220 BTC for approximately $27.2 million, bringing its total holdings to 640,250 BTC (approximately 3.1% of Bitcoin’s total supply).
The company funded the acquisition through proceeds from several at-the-market (ATM) stock offerings over the past week.
Strategy Inc.’s accumulation has long been entrenched in the bull market narrative, but analysts say the timing of the buy sent a strong signal of confidence to investors who were nervous after Friday’s selloff.
Recovery from Bitcoin price panic
Technical analysts currently see Bitcoin price at $105,000 as the main short-term support, but $118,000 remains the level the bulls need to regain to reassert control. Broad bias remains cautious, with oscillators remaining bearish following the sharp drawdown.
This recovery goes beyond short-term price trends and highlights Bitcoin’s growing foothold among corporate finance and institutions. According to recent data, inflows into US spot Bitcoin ETFs continue, with BlackRock’s IBIT ETF having more than 800,000 BTC in assets under management, with a value of nearly $97 billion.
Its steady institutional accumulation, combined with the adoption of Bitcoin by corporate entities such as Strategy and DDC Enterprises as treasury reserves, has been a hallmark of this market cycle.
With the next Bitcoin halving coming in April 2026 and the macro situation remaining unstable, analysts expect more turmoil in the future. But the underlying narrative remains supportive: limited supply, increasing demand from institutional investors, and increasing legitimacy as a Treasury asset.
At the time of writing, Bitcoin is trading around $116,050, up about 9% from its weekend lows.
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.
