Bitcoin’s Bullish Surge: Supply in Profit Nears Euphoric Threshold as Price Targets $100K
As Bitcoin’s price surges past $94,000, on-chain metrics are flashing bullish signals, with the ’supply in profit’ metric approaching a historically euphoric threshold. Analysts suggest this could trigger accelerated price appreciation, potentially pushing Bitcoin toward the $100K mark.
Bitcoin Supply in Profit Nears Euphoric Threshold as Price Eyes $100K
Bitcoin’s surge past $94,000 has ignited speculation of a parabolic rally, with on-chain metrics flashing bullish signals. The ’supply in profit’ metric—now above 85%—approaches the 90% threshold historically associated with market euphoria.
Analysts note that crossing this level has previously triggered accelerated price appreciation. CryptoQuant data shows similar patterns preceded major bull runs, suggesting growing investor confidence in BTC’s upward trajectory.
Corporate Bitcoin Holdings Surge in April 2025 as Institutions Accelerate Accumulation
Corporate Bitcoin reserves expanded dramatically in April 2025, with global firms adding nearly 100,000 BTC to their holdings. The total corporate treasury stash now stands at approximately 750,000 BTC, according to data from Bitwise.
MicroStrategy—rebranded as Strategy—led the charge, acquiring 25,370 BTC during the month. This single purchase represented 26.3% of April’s total institutional inflows. The company now holds 553,555 BTC, valued at $52.64 billion, cementing its position as the largest public holder of Bitcoin.
The institutional adoption curve steepened throughout Q1 2025. Six public companies added Bitcoin to their balance sheets in January, followed by seven in February and nine in March. April saw fifteen new corporate entrants—the most aggressive monthly expansion to date.
Bitcoin’s Key Resistance Levels: Will BTC Reach $100,000?
Bitcoin hovers in a consolidation pattern between $89,500 and $91,000, with traders eyeing the psychological $100,000 threshold. The pivot range—flanked by the 200-day moving average—signals bullish potential for a breakout. On-chain metrics show renewed interest, with 800,000 active addresses suggesting accumulating demand.
Analysts note the $89,500-$91,000 zone as critical support, historically serving as a springboard for upward momentum. Market participants await either a rejection or confirmation at these levels to determine Bitcoin’s next major move.
Cardone Capital Plans Major Bitcoin Acquisition
Cardone Capital, a $5 billion real estate investment firm, is making a strategic pivot toward digital assets with plans to acquire over 1,000 Bitcoin. The move underscores growing institutional recognition of BTC as both a store of value and a hedge against traditional market volatility.
The Florida-based firm joins a wave of institutional investors diversifying into crypto, signaling confidence in Bitcoin’s long-term appreciation potential. This allocation represents a notable shift for a traditionally real estate-focused asset manager.
Vanishing $212M Bitcoin Order Sparks Market Chaos Amid Suspected Spoofing
A suspicious market maneuver involving 2,500 BTC ($212M) on Binance’s order book triggered volatility before vanishing abruptly. The sell order—placed 2-3% above spot price at $85,600—initially drew Bitcoin’s price upward until its disappearance created a liquidity vacuum, exacerbating existing geopolitical-driven weakness.
Traders now question whether this was a spoofing attempt, an illegal tactic where large orders are canceled before execution to manipulate prices. The incident underscores crypto markets’ vulnerability to liquidity shocks, particularly during tense macroeconomic conditions.
