Key results:

• Bitcoin is located together with global risk markets in accordance with signs of relieving US-Chin trade tensions.

• ETF Bitcoin attracts $ 1.29 billion in everyday influx.

• Compact -term Bitcoin owners returned to profit.

• The classic stubborn inverting pattern is in the game.

Bitcoin (BTC) has increased by 6.80% in the last 24 hours to reach USD 94,510 on April 23, and its highest level for almost two months.

ETF from Bitcoin in the USA see the largest inflow since November

On April 22, a total of eleven ETF Bitcoin attracted over $ 1.29 billion, the highest since November 2024, when Donald Trump won the presidential election in the USA.

The mood listing improved after Trump’s explanation that he “has no intention” to release the chairman of the Federal Reserve Jerome Powell. The president also said that he was ready to limit the tariffs to Chinese goods, signaling deester in the ongoing trade war with Beijing.

These comments led to a rally on global markets, with S&P 500 and Nasdaq gained over 2.5%, and Asian markets such as Japanese Nikkei and Kospi of South Korea, by 2.3%and 1.2%, respectively.

Bitcoin, who already showed signs of “separation” from risk assets, rose in hand with a positive influx in his ETF.

The BTC price pump in the last 24 hours has additionally adapted to liquidation with a value of $ 321.78 million on the Futures contracts market, including compact compact.

Compact liquidation, which reflects traders that will buy BTC at higher prices to close their bears, increased the price of cryptocurrency.

The latest Bitcoin buyers are profits

Bitcoin recovered its compact -term handle (STH) has completed the price range (~ 91,000 USD; blue wave on the chart below), according to the Onchain Data Platform Glasnode platform.

“We recently emphasized this level as a reference point for mood and market positioning”, Glassnode wroteAddition:

“Permanent movement over it often signals renewed confidence and can act as a stepping stone for further advantages.”

This event suggests that the latest buyers are returning to profit, potentially reducing sales pressure and restoring trust among compact -term owners.

Bitcoin Technicals indicates a rally over $ 100,000

The continuous enhance in Bitcoin prices seems to be part of the groundbreaking stage of the prevailing falling wedge, a classic stubborn inversion pattern.

In addition, BTC has avoided creating the “death cross”, a bear that arises when the average mobile assets dropped below the 200-speed moving average.

Related: Bitcoin Exchange Buying returns when “whale falsification” raises $ 90,000

The convergence of these sanguine indicators suggests that Bitcoin can again recover $ 100,000 by May, with a falling target, the wedge is around USD 102,200.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.