CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

BitcoinSistemi 2025-05-16 15:25:07

Institutional Interest in Bitcoin Increased in April! Here's What Analysts Expect Next!

Bitcoin continues to trade comfortably above the $100,000 level, supported by ongoing institutional demand and a resilient “buy the dip” mentality among investors, according to blockchain analytics firm Glassnode. Bitcoin Holds Above $100K as Institutional Inflows Continue Momentum, Analysts Say In its latest weekly report, Glassnode attributed Bitcoin’s steady climb from the April low of $75,000 to the recent high of $104,000 to institutional flows and a strong accumulation phase, particularly following the surge in demand for spot Bitcoin ETFs. Between mid- and late April, daily net inflows into U.S.-listed spot Bitcoin exchange-traded funds (ETFs) averaged $389 million, with a single-day peak of $933 million on April 22, the highest since January 17. While ETF flows have since slowed to around $58 million per day, analysts noted continued institutional interest. “ETF inflows have since calmed down, but flows suggest institutional interest in Bitcoin remains relatively strong,” Glassnode wrote. Glassnode noted that Short-Term Holders (STHs) have been heavily accumulating BTC between $93,000 and $95,000 over the last 155 days. The recent price rally has pushed the STH Supply to P/E ratio to 9.0, meaning 90% of these holders are now in the money. This wave of unrealized gains likely contributed to some profit-taking activity that analysts say cooled the rally and contributed to Bitcoin’s current consolidation between $102,000 and $103,700. “The $93,000 to $95,000 range could serve as a strong support level in the event of a short-term market pullback,” Glassnode said. Valentin Fournier, chief research analyst at BRN, warned that while technical indicators are not flashing red, there are signs of a “slight sell signal” as the weekend approaches. “The market appears overbought, but there are no strong reversal signals. Since corporate activity typically declines over the weekend, the risk of a slide to the downside is increasing,” Fournier said in an email Friday. Despite potential near-term headwinds, analysts maintain a cautiously optimistic outlook for Bitcoin, supported by strong institutional flows and solid technical support levels below current prices. *This is not investment advice. Continue Reading: Institutional Interest in Bitcoin Increased in April! Here's What Analysts Expect Next!

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen