Bitcoin (BTC) gave hope to investors strongly out of the Kama formation falling in the past two weeks. The long -awaited rise acceleration Donald Trump has been the first positive monthly closing of the first positive monthly since the second period of the US President. Although the price of BTC seems to be stuck between 93 thousand to 95 thousand 500 dollars, the general weather in the market is optimistic. Especially Crypto fear and greed indexThe fact that the investor confidence is revived again, the rise of 56 percent on April 30, 2025.
Whales landed on the field, corporate demand is increasing
Bitcoin priceBehind the upward movement in the following, not only technical formations, but also the increase in institutional interest and large -scale investors’ re -activation. In -chain analysis platform GlassnodeAccording to data, the total capital, which entered the crypto currency market in the last 10 days, jumped from $ 1.5 billion to 15 billion dollars. This value shows that the market is breathing in terms of liquidity, not only from individual investors, but also with state -supported purchases and demand from institutional funds.
US -based for now Spot Bitcoin ETF‘s also play an important role in this rise. Approximately 6 thousand 900 BTC net entrance was recorded from the first days of the week. According to Glassnode’s meter Accumulation Trend Score ,, whale wallets make serious purchases, believing that prices will make a permanent leap. This trend strengthens estimates that the current consolidation on the market may be calm before a rally.
Technical indicators point to new summits in Bitcoin
On the technical analysis front, the price of Bitcoin has been observed for a while, the falling wedge formation has entered a new rise channel. Expert analyst Ali MartinezAccording to the BTC’s 95 thousand 870 dollars permanent closing if the next target may be 114 thousand 230 dollars level. If this break occurs, the wick of a parabolic rally can be ignited.
However, there is a threshold that investors should be careful. If the price hangs below $ 93 thousand, it can bring a short -term correction. According to Martinez, in this scenario, the price will decrease to 88 thousand dollars before, then it is possible to move back to the highest levels of all time.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
