BTC has been trading in the $76–77.6K range in recent days, remaining under pressure after declining from the $82K area. The main pressure on the market is currently coming from outflows from spot Bitcoin ETFs, rising US Treasury yields, and weaker risk appetite across global markets. At the same time, volatility remains elevated, as the market reacts quickly both to US macroeconomic data and to any news related to crypto regulation.

White House moves closer to creating a strategic BTC reserve
One of the market’s key drivers has been the topic of a strategic US Bitcoin reserve. White House representatives and digital asset advisors have recently confirmed that work on establishing a government BTC reserve is in its final stages, with a major announcement potentially coming within the next few weeks. The plan involves consolidating BTC confiscated by the government and creating a long-term digital asset holding model on the US balance sheet. The market views this as a very strong signal of Bitcoin’s institutional legitimization.
Nevertheless, the impact of this development may be limited, since the reserve is reportedly not expected to be built through direct cryptocurrency purchases on the open market.
Institutional demand remains resilient
Despite the local correction, analysts note that long-term BTC holders continue to maintain positions, while the market structure is gradually becoming more institutionalized. In particular, growing influence from BlackRock’s IBIT ETF and other large funds is being actively discussed, as they are beginning to dominate traditional crypto exchanges in terms of options activity. This points to a gradual shift from a speculative market model toward a more traditional financial infrastructure.
Near-term outlook
Technically, the key support zone currently remains at $76K. As long as BTC stays above this level, the market retains the potential for another move toward $80–82K. Additional support may come from further developments regarding the US strategic reserve and progress in crypto regulation within Congress.
A loss of current levels would increase the risks of a correction toward $72K. However, the overall medium-term backdrop remains moderately bullish due to persistent institutional demand and the growing role of BTC in the US government’s financial agenda, as previously noted in the article BTC/USD consolidates as ETF inflows offset macroeconomic pressure.
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