BlackRock, the world's largest asset manager, has been accumulating Bitcoin through its iShares Bitcoin Trust (IBIT) Bitcoin spot ETF. According to the latest data from on-chain data analytics platform Lookonchain, since February 24, 2026, BlackRock has recorded a net inflow of over 17,642 Bitcoins, with a total value of approximately $1.28 billion. This large inflow of institutional funds demonstrates that investors' long-term bullish sentiment towards Bitcoin remains unchanged and has become a significant force driving market confidence.
Supported by buying from institutions like BlackRock, Bitcoin prices have recently seen a significant rebound. As of March 4, 2026, Bitcoin briefly broke through the $73,000 mark. This surge not only reflects continued institutional buying but also drives a more optimistic sentiment across the overall cryptocurrency market.
Polymarket forecasts a bullish market rebound in March.
As prices surge, predictions for Bitcoin's March trajectory on the Polymarket forecasting platform have also heated up . The market currently rates approximately 84% of Bitcoin's potential to reach $75,000 in March, indicating high expectations among traders for a short-term rebound. Furthermore, the probability of it reaching $80,000 is around 50%, while the probability of it falling to $65,000 is 44%.
Overall, market sentiment has shifted from cautious to neutral to bullish, with institutional fund inflows and forecast data complementing each other, further reinforcing expectations of a short-term upward trend for Bitcoin.
