To assess whether the money flow into Bitcoin (BTC) will continue in the new week (starting May 3, 2025), several factors based on current market dynamics, technical indicators, sentiment, as well as economic data and external events need to be considered. I will provide a brief analysis based on the information available so far:

1. Current money flows into Bitcoin

• ETF Flows: Last week saw significant cash inflows into Bitcoin ETFs, attracting around $3.2 billion, with the iShares Bitcoin Trust ETF (IBIT) recording inflows of $1.5 billion. Other funds such as ARK 21Shares Bitcoin ETF and Fidelity Wise Origin Bitcoin Fund also saw substantial inflows ($620 million and $574 million respectively). This reflects strong institutional interest, which is a positive indicator for the continuation of money flows in the short term.

• Exchange Flows: Data indicates that Bitcoin balances on exchanges have dropped to their lowest level in six years (2.67 million Bitcoins in February 2025), suggesting that investors are moving their coins to self-custody wallets, a behavior reflecting long-term holding expectations rather than selling.

• Capital flows: Capital flows into cryptocurrency markets have increased by 350% over the past two weeks (from $1.82 billion to $8.20 billion), indicating that Bitcoin remains the preferred asset in the cryptocurrency market.

2. Technical Indicators and Market Analysis

• Positive Weekly Closures: Posts on platform X indicate strong weekly closures for Bitcoin, with expectations for the bullish trend to continue if the price closes above $94,000-$96,000 levels. This supports near-term bullish momentum.

• New Bull Wave: Technical analysis indicates that Bitcoin has started a new bull wave on the weekly timeframe, with a breakout of the wedge pattern and positive signals from indicators, which could push the price towards a new all-time high by September or October 2025.

• Support and Resistance Levels: The key level to watch is $101,800, where a weekly close above this level could confirm a bullish pattern that could drive the price towards $116,000 or more.

3. Market Sentiment

• Fear and Greed Index: Despite investor sentiment declining to low levels (bullish points index below 40 in February 2025), price stability amidst these fears indicates a possible bottom formation, which could attract more flows if sentiment improves.

• Panic vs. Price: Glassnode data indicates that the increased demand for protection against declines in the options market reflects investor fears, but price stability suggests the market may be in a bottom formation phase, which could enhance flows if sentiment turns positive.

4. Economic and External Factors

• U.S. Economic Data: Upcoming U.S. economic events, such as GDP data, Federal Open Market Committee (FOMC) decisions, and Personal Consumption Expenditures (PCE) index, may impact Bitcoin sentiment. For instance, an increase in consumer confidence or a more accommodative monetary policy from the Fed could boost capital flows into riskier assets like Bitcoin.

• Decline of the Dollar Index (DXY): The recent 1.7% decline in the U.S. dollar index supports the bullish trend for Bitcoin, as investors tend to allocate capital to alternative assets when the dollar weakens.

5. Risks and Challenges

• Potential Volatility: Significant transfers from whale wallets to exchanges (such as a $600 million transfer in April 2025) could trigger short-term selling pressure, leading to volatility that may affect flows.

• Potential Correction: Some analysts view the current decline as temporary, but in the short term, the price may retest lower levels (such as $70,000) if it fails to maintain the current support.

• Political impacts: Political statements, such as those related to Federal Reserve policy, may affect capital flows into cryptocurrency markets.

New week forecasts

• Positive Scenario: If Bitcoin closes the week above $94,500 or $96,000, bullish momentum may continue, supported by strong ETF flows, declining exchange balances, and improved sentiment. Positive economic data (such as increased consumer confidence or an accommodative policy) could bolster this trend.

• Cautious Scenario: If the price fails to maintain support levels (such as $94,000) or negative economic data emerges, we may see a temporary correction that reduces capital flows in the short term. Large whale transfers to exchanges could increase volatility.

• Long-term: Weekly and monthly frames remain positive, supporting continued money flows in the long term, especially with the anticipated bull season approaching in September/October 2025.

Summary

Capital flows into Bitcoin are likely to continue in the new week if the price maintains key support levels ($94,000-$96,000) and no significant negative economic data emerges. Strong institutional flows, declining exchange balances, and positive technical indicators support this trend. However, traders should be cautious of short-term volatility resulting from whale movements or economic events. For long-term investors, signals appear positive, while traders need to closely monitor support and resistance levels.

If you want a deeper analysis or focus on a specific aspect (such as technical indicators or economic events), let me know!