Bitcoin on the upswing: Optimism meets the risk of correction - miners hold their stocks and institutional inflows

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Bitcoin course: upward trend despite short-term pressure

The Bitcoin course (BTC) shows a remarkable strength despite short-term pressure. After the price of the restaurant has risen deeply at around $ 77,000 to around $ 85,000, there is hope for a possible breakthrough towards $ 95,000. Various data support this scenario, but analysts are increasingly warning of a possible correction.

optimism among the miners

A striking trend is that Bitcoin-Miner are currently not very inclined to sell their stocks. Instead of realizing profits, keep your coins. The miners currently have an estimated 1.81 million BTC, which corresponds to an equivalent of around $ 159 billion. According to the crypto analyst Ali Martinez, there have been no larger waves of sales from these miners lately. Holding the coins reduces sales pressure and could thus increase the chances of another price increase.

Institutional trust through ETF inflows

Trust among institutional investors has also grown. On March 26 and 27, around $ 89 million each flowed into US Bitcoin Spot ETFs. This marks the tenth day in a row with net inflows and shows increasing optimism among large investors. A remarkable point is the Blackrock fund, which recorded tributaries of $ 82.9 million in one day-the majority of the entire ETF inflows.

increasing greed and warnings of correction

Nevertheless, there are cautious warnings from analysts of the Santiment blockchain analysis platform. They report on an increasing greed among crypto investors, which is expressed in excessive course forecasts. Many expect Bitcoin to reach the prices of 100,000 or even $ 159,000. Santiment warns, however, that such optimism often precedes corrections. Investors who interpret market behavior could be seen as an opportunity to take profits with them.

Overall, the Bitcoin market remains exciting and volatile. The interaction of miner attitudes, institutional trust and the psychological market mood is crucial for the further development of the course.