More than $3.2 billion flowed into Bitcoin exchange-traded funds in late April 2025, boosting expectations of a breakout above $100,000.

The supply of BTC on centralized exchanges has fallen to its lowest level in 7 years, alleviating selling pressure and supporting upward price momentum.

Matrixport and Willy Woo anticipate a potential rise exceeding $106,000, supported by whale accumulation and bullish sentiment.