Bitcoin Poised for Breakout as Bullish Signals Emerge
Bitcoin (BTC) has surged above $87,000 for the first time since April 1, igniting Optimism among cryptocurrency analysts. According to a recent CryptoQuant Quicktake post, BTC is displaying multiple short-term bullish indicators, suggesting a potential upward movement beyond the $90,000 mark. A significant factor contributing to this optimism is the notable decline in the BTC Exchange Inflow metric, as highlighted by CryptoQuant contributor EgyHash. This reduction in inflows indicates diminished selling pressure and a possible accumulation phase, reinforcing the bullish outlook for Bitcoin in the near term.
Bitcoin Showing Bullish Signals, Analysts Say
Bitcoin (BTC) traded above $87,000 for the first time since April 1, sparking optimism among crypto analysts. According to a CryptoQuant Quicktake post, BTC is showing multiple short-term bullish signals, hinting at a potential breakout above $90,000. One key indicator highlighted by CryptoQuant contributor EgyHash is the BTC Exchange Inflow metric, which has dropped significantly in recent months. This suggests reduced selling pressure and increased investor confidence. With these positive indicators, could BTC be on the verge of a sustained rally? The catch? Only time will tell if these bullish signals translate into meaningful price gains.
Bitcoin Price Predicted to Hit $100,000 Based on Global M2 Money Supply Analysis
A new analysis suggests that Bitcoin’s price movements closely follow global liquidity trends, specifically the M2 money supply. The analysis, released by crypto analyst Collin Talks Crypto, uses a predictive offset model to forecast that if history repeats, Bitcoin’s price could surpass $100,000. The basis of this analysis is that when there is more money available globally, Bitcoin’s price tends to increase, but with a slight delay. The catch? The analysis relies on historical data and trends, which may not accurately predict future outcomes. Ironically, despite the volatility of the crypto market, some investors remain optimistic about Bitcoin’s long-term potential. Will Bitcoin’s price continue to climb, or will market conditions derail this prediction?
Metaplanet Boosts Bitcoin Holdings to Over $423 Million
Metaplanet, Japan’s first and only publicly listed Bitcoin Treasury Company, has announced its third Bitcoin purchase in April 2025, acquiring an additional 330 BTC. This brings its total holdings to 4,855 BTC, worth over $423 million at current market prices. The latest purchase, executed at an average price of 12,181,570 yen per Bitcoin, was funded through capital market activities and operating income. The company utilizes a metric known as ’BTC Yield’ to evaluate the effectiveness of its Bitcoin strategy. With Bitcoin trading above $87,300, Metaplanet continues to defy market uncertainty and flatly refuses to back down from its commitment to Bitcoin exposure. The catch? This aggressive acquisition strategy has positioned Metaplanet as a key player in the global Bitcoin market, with its holdings now rivaling those of some institutional investors. Will Metaplanet’s defiant stance continue to pay off in the long run?
Bitcoin Approaches $90,000: On-Chain Data Insights
Bitcoin is closing in on the $90,000 mark, according to market intelligence platform IntoTheBlock. Analyzing on-chain data, the platform reveals that Bitcoin could face less resistance passing $90,000. The on-chain cost basis map shows significant supply accumulation in the price ranges of $82,266 to $84,830 and $95,300 to $97,971. This could indicate a potential easier path ahead for Bitcoin as it continues its upward trajectory. Will Bitcoin break through these resistance levels and continue its climb?
Bitcoin Shows Bullish Signs Despite Short-Term Holder Struggles
Bitcoin briefly surpassed $87,000 today, marking a 3.3% increase over the past 24 hours. Analysts are monitoring technical and on-chain trends, indicating a potential upward movement. However, short-term holders are still facing unrealized losses. CryptoQuant data highlights shifts in market behavior, including funding rates and investor positioning. The asset’s gradual recovery since last week builds a foundation for future gains, but not all investor groups are benefiting equally. Will Bitcoin continue its upward trajectory, or will short-term holders face further challenges?
Bitcoin Hits 6-Week High at $89K, Dominance Peaks at 4-Year High
Bitcoin surged to a six-week high of $88,900 during Tuesday morning trading in Asia, marking an 18% gain since its 2025 low of $75,000. This rally brings Bitcoin to its highest level since March 7. The asset appears to have re-correlated with gold, which also hit an all-time high this week. Bitcoin’s decoupling from the broader financial market is seen as ’massively bullish,’ according to Satoshi Action Fund founder Dennis Porter. Despite the volatility in traditional markets, Bitcoin continues to attract investors seeking safe-haven assets. Will Bitcoin continue its upward trajectory, or will it face new challenges ahead?
