Ah, the whimsical world of Bitcoin! It seems that our favorite digital coin, Bitcoin, may soon transcend its earthly bounds and soar past the grand $100,000 mark. According to the wise folks at Matrixport, who are ever so diligent in their market studies, the stars are aligning, and liquidity is improving. Truly, it’s a sight to behold. 🎩
Yes, it appears that Bitcoin (BTC) might just be gearing up for a monumental leap above $100,000, as fresh capital flocks to the crypto market, as observed in a report penned by the erudite analyst Markus Thielen. Such scholarly insights, indeed!
📊 Today’s #Matrixport Daily Chart – April 28, 2025 ⬇️
Oh, look, a chart! Fresh Inflows (may) signal Bitcoin’s next magnificent ascent toward the lofty $100,000 mark! #Matrixport #BTC #Bitcoin #Crypto #Liquidity #BTC100K #MarketTrends
— Matrixport Official (@Matrixport_EN) April 28, 2025
In a post on the ever-popular X (formerly known as Twitter, because who needs stability in names?), the analysts were quick to note that crypto liquidity is seeing a delightful uptick, and that capital is flowing into the market like a gushing river after a thunderstorm. After months of rather tepid sideways movement (the poor thing!), it now seems Bitcoin is ready to shine, or at least grind its way to greatness.
“If this trend continues, Bitcoin should have little difficulty breaking through the $100,000 level. Oh, it’s early days yet, but recall that a similar surge in inflows during October and November led to an aggressive rally. We’re talking fireworks here, people!”
— Matrixport
The analysts, ever so vigilant, advise traders to “closely monitor” the movement of stablecoins, as a “notable uptick is now emerging.” Oh, how terribly exciting! Stablecoins rising – just what we needed for a bit of drama in the crypto world!
But alas, there is a catch, as there always is. Markus Thielen’s 10x Research has noticed that two of their reversal indicators have taken a rather bearish turn, and the stochastics oscillator (don’t ask me to explain it, I barely understand it myself) has risen to 95%. Short-term downside risk, they say. But fear not! They’re optimistic that this could merely be a “consolidation phase before a glorious breakout above $100,000.” Oh, how consoling!
At the time of this writing, Bitcoin is trading at $94,830, up a lovely 8.54% over the past week. And as if that weren’t enough, U.S. spot Bitcoin exchange-traded funds have experienced a whopping $3.06 billion in net inflows for the week ending April 25. This, of course, marks their strongest weekly performance since November 2024. Bravo, Bitcoin! 👏
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2025-04-28 14:33