Bitcoin Eyes $100K as Bullish Momentum Explodes!
Bitcoin has rocketed to $94K, marking a 6-week high and reigniting the bulls. The catalyst? A powerful mix of geopolitical shifts, ETF demand, and technical breakouts.
Key Drivers Behind BTC's Surge:
Trump Softens on China: A shift in trade rhetoric has sparked optimism across risk markets. Trump hinted at easing tariffs, while Treasury Secretary Scott Bessent called the deadlock with China “unsustainable.”
ETF Inflows Boom: Bitcoin ETFs posted a massive $1.32B in net inflows this week—$936M on April 22 alone—the highest since Trump took office.
Technical Breakout: BTC has smashed through major resistance—crossing the 200 SMA, 50 SMA, and a multi-month downtrend. RSI pushing above 50 confirms renewed bullish strength.
Altcoin Rally: Ethereum surged 10%, SOL up 9%, XRP 7%, and BNB 2%—the entire crypto market is roaring.
What’s Next?
The psychological $100K barrier is in sight. A clean break could ignite a run toward $105K and the all-time high at $109.5K.
Support Levels to Watch:
Immediate: $90K and 100 SMA
Key: $88.5K (200 SMA)
Critical: $85K — a break below could test $80K
Bottom Line:
With softening trade tensions, explosive ETF inflows, and technical momentum, Bitcoin’s path to $100K is clearer than ever. Buckle up—this breakout could be historic.
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