Bitcoin News Today: Institutional Confidence and Dovish Fed Policy Create Bitcoin's Strongest Bull Case Since 2021

Bitcoin's price trajectory is poised for a pivotal inflection point as institutional flows, Federal Reserve policy shifts, and macroeconomic sentiment converge to shape a new roadmap for the asset. Analysts at TradingNEWS.com argue that a combination of structural demand, dovish monetary conditions, and subdued leverage creates one of the strongest bullish setups since 2021, according to an Investing.com analysis. With the U.S. Spot Bitcoin ETFs attracting record inflows, the cryptocurrency's path toward a potential $130K–$135K target by early 2026 appears increasingly plausible, per Lookonchain data.

The latest data underscores this momentum. On October 29, the U.S. Spot Bitcoin ETFs saw a net inflow of $202.4 million, driven by strong performance across major funds. Grayscale's IBIT added $59.6 million, Fidelity's FBTC secured $67.0 million, and ARK Invest's ARKB captured $75.8 million in net inflows, according to that Lookonchain report. These figures highlight growing institutional confidence in Bitcoin as a macro asset, particularly as traders position for a potential Fed easing cycle and a trade truce between major economies.

The technical outlook reinforces this optimism. Bitcoin must hold above $109K to maintain its uptrend, with a retest of the $125K all-time high and a push toward $130K+ seen as probable outcomes, analysts wrote in the same Investing.com piece. Analysts note that volatility compression and record inflows suggest market participants are prioritizing accumulation over speculation, a pattern historically associated with sustained bull runs. While short-term corrections remain possible, the consensus leans toward continuation rather than collapse, given Bitcoin's alignment with broader macroeconomic trends.

The interplay between monetary policy and Bitcoin's performance is critical. With the Fed signaling potential rate cuts in 2026 and global trade tensions easing, Bitcoin's appeal as a hedge against inflation and geopolitical uncertainty is amplifying, as discussed in the Investing.com analysis. This dynamic mirrors the 2021 bull market, where a dovish Fed and institutional adoption catalyzed a surge in demand. Today's environment, however, is further bolstered by the maturation of the ETF market, which provides a regulated, accessible on-ramp for institutional capital.

While the third source in the provided content discusses Dominion Energy's offshore wind projects in Virginia, it lacks direct relevance to Bitcoin's price action or macroeconomic drivers. As such, it is omitted from the analysis.