#BTCvsMarkets

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Market Musing-g

Bitcoin Profits Return, Fueling Fresh Speculation Among Holders

BTCAPRILWHENWOULD

By Cointribune EN

8 minutes ago

4 mins read

Table of Contents

In Brief

Holders and fresh capital: The explosive cocktail of the Bitcoin rally

$97,000: The wall of regrets or a springboard into the unknown?

Bitcoin, like a financial phoenix, rises from its ashes with startling vigor. Surpassing $94,000 on April 23, the crypto-queen shakes the markets and rekindles hopes for a historic six-figure peak. Behind this ascent, a complex alchemy is at play: long-term holders, new capital inflows, and psychological balances map out a treasure map full of traps. How should we interpret this dance of numbers? Between euphoria and caution, a dive into the depths of a boiling market.

In Brief

Bitcoin crosses $94,000.

Long-term holders accumulate while short-term wallets return to profit.

At $97,000, a potential sell wall looms, but some analysts already target $130,000 and beyond.