Bitcoin has slipped back to the $64,000 level after a notable selloff by Strategy, a hedge‑fund that recently offloaded roughly $216 million worth of BTC. At the moment the price sits around $63,732, up only 0.19 % in the last 24 hours. The rebound is being driven by a surge in bullish sentiment from options and ETF flows, which are signalling that institutional players are looking to increase their Bitcoin exposure as the market prepares for the Federal Reserve’s upcoming minutes.
The fear‑greed index is currently at 27, a figure that falls into the “fear” category but remains on the lower end of the scale. This suggests that while retail investors are still wary, the overall market mood is not in a panic state. The combination of modest price gains, institutional inflows, and a relatively calm fear‑greed reading gives the impression that Bitcoin is finding a foothold after a period of turbulence. For everyday traders, this could mean a more stable environment to hold or accumulate, though the market remains sensitive to macro‑economic signals.
What to watch next? The Fed minutes will be a key catalyst—any surprise on interest‑rate policy could either reinforce the bullish momentum or trigger a pullback. Meanwhile, the flow of options and ETF capital will continue to be a barometer of institutional confidence. Keep an eye on whether the bullish trend in those channels sustains, as that will be a strong indicator of whether Bitcoin can maintain its current level or face renewed pressure.