Bitcoin upside could stop at $100K despite $3B in ETF inflows
From Cointelegraph
April 28, 2025 5:10 AM:
Bitcoin ETF inflows reaching $1 billion do not always signal a price top, as historical data shows mixed results. Spot Bitcoin inflows tend to precede short-term price rises rather than reversals. Bitcoin’s recovery may face resistance at $100,000, with questions arising about ETF inflows marking local tops. Bitcoin has shown bullish momentum, rising 8% in the last week from multi-month lows of $74,400. High investor appetite for spot ETFs led to $3.06 billion net weekly inflows, the largest since December 2025. Historical data analysis is needed to determine if high spot Bitcoin ETF inflows indicate a nearing price top. While significant inflows have coincided with Bitcoin price peaks in some cases, this is not always the trend. Inflows preceding local tops have been observed in the past, such as in March 2024 and June 2024. However, in November 2024, weekly inflows did not immediately lead to a price top as Bitcoin crossed $100,000 for the first time and reached all-time highs of $108,000 in December 2025. A Vector Autoregression model showed that ETF net flows have short-term predictive power for price increases rather than reversals. Bitcoin’s recent rally saw it surpass key support levels, consolidating under resistance at $95,000. Popular analyst AlphaBTC expects a push to $100,000 but anticipates a pullback afterward. Data from CoinGlass indicates significant seller interest in the $97,000-$100,000 range, suggesting further price rise before a pullback. Trading firm QCP Capital doubts Bitcoin’s ability to sustain a move above $95,000 without a catalyst.
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