Bitcoiners should be cautious over rally as stablecoin indicator lags: Analyst
From Cointelegraph
April 23, 2025 01:51 am:
Bitcoin’s 12% rally has analysts predicting a $100,000 price, but caution is advised as stablecoin inflows remain low, limiting upside potential. Stablecoin absence raises questions about sustainability of the rally. Bitcoin trading at $93,133, up 11.42% in the past week, with spot ETF inflows surging to $912.7 million. Thielen watching stablecoin indicator for sustained uptrend. Trump’s trade war comments could impact Bitcoin’s price, with $95,000 resistance level key for potential market strength and price increase.
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