"Liquidity Increasing Trend…Bitcoin Could Recover to $100,000"

Son Min

Summary

Matrixport assessed that with the recent increase in liquidity in the virtual asset market, Bitcoin's recovery to $100,000 is possible.
The influx of new funds is increasing, and it is said to be similar to the inflow trend that led to last year's strong bull market.
Currently, Bitcoin is reported to be trading at $94,655, up 0.64% from 24 hours ago on the Binance USDT market.

As the liquidity of virtual assets (cryptocurrencies) increases, there is a forecast that Bitcoin (BTC) could easily recover to $100,000.

On the 28th (local time), Matrixport reported that "recently, the liquidity in the virtual asset market has increased. The influx of new funds is also on the rise," and analyzed that "Bitcoin's recovery to $100,000 will not be a major challenge." It further predicted that "after two months of sideways movement, liquidity is increasing more aggressively," and "just as the influx of funds in October-November last year led to a strong bull market, a similar trend is expected to unfold this time as well."

As of 4:25 PM, Bitcoin is trading at $94,655, up 0.64% from 24 hours ago, based on the Binance USDT market.

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