Bitcoin price is showing fresh signs of momentum as it reclaims the $107K mark, reversing weeks of sideways action and low institutional interest. After nearly a month of declining ETF volumes and subdued inflows, the tide appears to be turning.
With renewed investor appetite and stronger technical signals, BTC may be gearing up for its next major leg upward — and institutional behavior could once again be leading the way.
Bitcoin Recovers Above $107K as ETF Inflows Return
After weeks of consolidation and fading volume, Bitcoin is finally showing signs of strength. The leading cryptocurrency bounced above the $107,000 level, breaking out of its sideways pattern and regaining investor confidence. While the market has been searching for direction, the latest movement suggests a potential shift in momentum — and institutional players may be driving the change.
BlackRock ETF Snaps Four-Week Downtrend
One of the clearest signals of this reversal comes from the return of net inflows to Bitcoin spot ETFs, particularly BlackRock’s IBIT fund. On June 27th, IBIT alone recorded $153 million in inflows, its best day in weeks. Fidelity (FBTC), Ark (ARKB), and other issuers also posted positive numbers, indicating a broader institutional re-entry after a month-long lull.
Source: Farside Investors
The daily ETF flow chart confirms that volumes are picking up — not just in isolated spikes but across the board. The past week saw total net inflows exceeding $500 million, breaking the previous downtrend and pushing aggregate spot ETF volume back toward bull-market territory.
Source: Coinglass
Bitcoin Price Structure Turns Bullish Again
From a technical perspective, Bitcoin’s price is now forming a series of higher lows, suggesting that the local bottom at $102K may hold. The daily chart reveals a strong candle reclaiming both the 20-day and 50-day moving averages, with immediate resistance sitting near $110,000–$112,000.
Source: Tradingview
As long as BTC maintains support above the $106,000 area, the bullish structure remains intact. A clean break above $112K could open the door to a retest of the yearly high, while failure to hold current levels would put bears back in control.
Final Thoughts: What BlackRock’s Reversal Means for Bitcoin
The return of ETF inflows — especially from institutional giants like BlackRock and Fidelity — suggests that institutional conviction in Bitcoin remains intact. This renewed momentum arrives just as macro conditions are beginning to stabilize, and with U.S. policymakers discussing a Strategic Bitcoin Reserve, the long-term thesis around BTC is only strengthening.
While it’s still early to call a full-blown breakout, the combination of technical strength and capital inflow could set the stage for a rally in Q3. Traders and long-term holders alike should keep an eye on the $110K–$112K breakout zone — it may be the trigger for Bitcoin’s next major move.
