BlackRock's $114M Bitcoin Buy Signals Institutional Momentum

I see that BlackRock purchased $114.4 million worth of Bitcoin — a clear institutional vote of confidence that can support price momentum and attract additional capital.

The purchase signals continued institutional interest and may act as a short-term catalyst, but the amount is modest relative to Bitcoin's market cap, so it won't guarantee sustained rallies on its own.

I remain cautiously optimistic: this is a positive development for Bitcoin, but I would size positions, use risk controls, and consider adding on pullbacks rather than chasing a spike.