Bitcoin rockets past $100K as Wall Street’s FOMO kicks into overdrive
Institutional money floods crypto—BlackRock now holds more BTC than MicroStrategy. Guess those ’risk asset’ skeptics missed the memo.
Why the surge? Three words: ETF approval, halving scarcity, and good old-fashioned greed. The SEC’s reluctant blessing opened the floodgates for boomer capital, while traders front-run the 2024 halving like it’s 2020 all over again.
The kicker? Goldman Sachs just launched a ’crypto advisory desk’—two years after calling Bitcoin a ’retail bubble.’ Nothing like a 300% rally to sharpen Wall Street’s vision.
$95,046 has achieved a robust rally, breaking out of a declining wedge formation over the past two weeks, energizing investor optimism. With this long-awaited upward momentum, BTC hints at its first positive monthly close since Donald Trump’s second term as President. The current range between $93,000 and $95,500 seemingly limits BTC, yet an optimistic environment prevails in the market. Particularly, therose to 56% as of April 30, 2025, reviving investor confidence.
ContentsWhales Reengage, Institutional Interest SurgesTechnical Indicators Point to New Bitcoin Highs
Whales Reengage, Institutional Interest Surges
The upward trend inis not solely driven by technical formations but also by the resurgence of institutional interest and the reactivation of large-scale investors. According to the on-chain analytics platform, capital inflow into the cryptocurrency market skyrocketed from $1.5 billion to $15 billion in the past 10 days. This significant inflow indicates a renewed breath of liquidity in the market, with contributions not only from individual investors but also from state-backed acquisitions and institutional funds.
Currently, U.S.-basedare playing a pivotal role in this surge. From the week’s outset, there has been a net inflow of approximately 6,900 BTC. Glassnode’s “accumulation trend score” metric suggests whale wallets are making substantial purchases, anticipating a permanent price surge. This trend strengthens the prediction that the current market consolidation might represent calm before a rallying storm.
Technical Indicators Point to New Bitcoin Highs
From a technical analysis perspective, Bitcoin price has exited the declining wedge pattern and entered a new upward channel. According to expert analyst, a sustained close above $95,870 could set the next target at $114,230. If achieved, this breakout might ignite a parabolic rally.
Nonetheless, there’s a threshold investors should remain cautious about. If the price falls below $93,000, it could trigger a short-term correction. In this scenario, as per Martinez, the price might first decline to $88,000, before resuming its upward trajectory toward all-time highs.
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