Bitcoin Surges Past $95K as ETFs Draw In $2.7B, Market Confidence Rises

Bitcoin’s price surpassed $95,000 this week amid a $2.7 billion inflow into ETFs. The crypto market is experiencing positive momentum driven by renewed investor confidence and easing regulatory concerns. In detail, Bitcoin showed fluctuating performance throughout the trading days, with analysts predicting a potential rise over $100,000 soon. Traders remain on alert for key price movements affecting future performance.

Bitcoin has crossed the $95,000 threshold this week, offering a glimmer of hope to investors. Additionally, spot Bitcoin exchange-traded funds (ETFs) enjoyed a massive influx of $2.7 billion, indicating a strong wave of investor confidence. This momentum has not only bolstered Bitcoin’s market presence but also impacted the broader cryptocurrency market, reflecting increasing participation and optimism. Analysts are even suggesting a potential rise to over $100k in the near future, as fears around macroeconomic issues and regulatory uncertainties start to ease.

Diving into the price movements, Bitcoin hit $95,606 on April 25, 2025. Early trading revealed a bearish trend; at first, Bitcoin saw some decline, touching $93,620 before finding support. However, a series of fluctuations began, with indicators signalling potential resistance at $94,226, prompting a sharp drop. Even the MACD confirmed some downtrends with a Death Cross pattern emerging at 01:20 UTC, suggesting bearish pressure.

Later in the day, Bitcoin bounced back to $92,971 at around 03:00 UTC after finding a new support level and confirmed an uptrend with a Golden Cross at 03:30 UTC. As the day progressed, the Relative Strength Index indicated overbought conditions by noon, leading to another resistance around $94,797 before a slight decline. By midday, Bitcoin had risen again to $94,197, but by 15:00 UTC, another resistance at $95,606 lead to a decline.

On April 26, the trading day for Bitcoin was marked by significant fluctuations. Starting with positive momentum, Bitcoin rose slightly before facing resistance at $94,787. After a quick fall, it found some footing at $94,555, but a Death Cross pattern on the MACD hinted at more declines ahead. This left traders on edge as they watched Bitcoin resist again at $95,088, resulting in another drop.

As Bitcoin continues to show fluctuations today, traders are keenly observing its next move. If it breaks down through key support levels, the coin could face sharp declines. Conversely, if Bitcoin can push through existing resistances, there might be chances for new highs. Given ongoing market uncertainty, particularly with events like Donald Trump’s trade war, Bitcoin and similar crypto assets seem to be gaining traction. Traders are advised to stay alert to these key levels for potential buying or selling opportunities.