Bitcoin is holding just under $110,000, but the story isn’t about the pause — it’s about who’s buying the dip. While retail traders hesitate, institutional giants like JPMorgan and Michael Saylor’s Strategy (MSTR) are loading up.

Confident Investing Starts Here:

Bitcoin Faces Pause as Inflation Data and Nvidia Earnings Loom

Bitcoin’s rally hit a ceiling this week thanks to macro pressure. Investors are awaiting fresh inflation data from the U.S. and watching for ripple effects from Nvidia’s (NVDA)earnings report on May 28. Those two catalysts could set the tone for risk appetite heading into June.

Trump’s decision to delay a 50% tariff hike on EU goods gave markets a short-term lift, but Bitcoin didn’t fully capitalize. That’s raised questions about whether BTC can break above its highs without a clear macro tailwind.

Bitcoin Futures and Options Tell a Different Story

Despite the pause in price action, BTC futures premiums ticked up to 8% on May 26 — up from 6.5% the day before. That’s not euphoric, but it’s healthy. For reference, when Bitcoin first topped $100K in December 2024, futures premiums spiked to 20%.

Meanwhile, Bitcoin options markets are showing signs of bullish positioning. The 30-day delta skew hit -6%, meaning put options are trading at a discount — a classic marker of confidence. Traders aren’t bracing for a big drop. If anything, they’re prepping for upside.

Institutions Are Still Buying Bitcoin — Big

Michael Saylor’s Strategy added $427 million in BTC last week at an average of $106,237. Spot Bitcoin ETFs saw $2.75 billion in fresh inflows during the same window. And JPMorgan (JPM), for the first time, is letting clients buy spot Bitcoin ETFs — indirectly opening the door to over $6 trillion in customer assets.

This isn’t retail chasing green candles. This is long-term capital positioning.

U.S. Economic Data Could Jolt Bitcoin Price Out of Neutral

Bitcoin isn’t struggling — it’s waiting. The market’s next move hinges on two major catalysts: PCE inflation data on May 30 and the Richmond Fed index on May 28. These aren’t just data points — they’re pressure points for how much economic risk investors are willing to stomach.

If macro signals lean dovish, BTC could rocket past $112K. If not, a revisit to $105K isn’t off the table. At the time of writing, Bitcoin is sitting at $109,815.

Disclaimer & DisclosureReport an Issue