Bitcoin Price Analysis: BTC Holds Above $111,000 As ETF Inflows Steady Market

Bitcoin (BTC) has steadied itself after reclaiming $111,000, with the price only marginally down during the ongoing ￰0￱ flagship cryptocurrency has recovered well this week, rising nearly 2% on Tuesday to settle at $111,247. Market sentiment improved this week thanks to rising ETF inflows, and the possibility of a rate cut steadied jittery ￰1￱ of a rate cut have risen to 90%. Bitcoin (BTC) Whale Makes Major Ethereum (ETH) Bet A Bitcoin whale is accumulating billions worth of Ethereum (ETH) and has surpassed the second-largest corporate Ethereum treasury ￰2￱ move is an indication of the growing trend of capital rotation among large investors moving funds to digital assets that offer more upside ￰3￱ Bitcoin whale, worth over $11 billion, sold another $215 million worth of BTC and purchased $216 million of ￰4￱ to data from Lookonchain, the whale now holds 886,371 ETH, worth over $4 ￰5￱ whale also surpassed SharpLink’s $3.5 billion ETH ￰6￱ is the world’s second-largest corporate ETH holder, with 797,000 ETH.

Winklevoss-Linked Treasury Firm Set To List In Amsterdam Treasury, a Netherlands-based Bitcoin treasury firm backed by the Winklevoss twins, announced that it will be listing in Amsterdam through a reverse listing along with Dutch investment firm MKB ￰7￱ treasury firm, which has raised 126 million euros ($147 million) through a private funding round led by Winklevoss Capital and Nakamoto Holdings, plans to attract Bitcoin investors in a region where BTC investment options are ￰8￱ Winklevoss twins also founded the cryptocurrency exchange Gemini and are vocal supporters of the flagship ￰9￱ Gives Nod To Bitcoin (BTC) Accumulation Strategy Japanese investment firm Metaplanet has secured approval to overhaul its capital structure, clearing the way for it to raise up to $3.7 billion in fundraising to support its Bitcoin (BTC) accumulation ￰10￱ backed the firm’s plan to expand its authorized shares to $2.7 billion and introduce a dual-class preferred stock system to attract investors while maintaining shareholder ￰11￱ new structure offers Class A shares with fixed dividends for income-focused investors, and Class B shares that carry higher risk, but can be converted into common ￰12￱ (BTC) Price Analysis Bitcoin (BTC) has steadied itself above the $111,000 mark as it continues its ￰13￱ flagship cryptocurrency ended the weekend in the red, falling to a low of $107,250 on Monday.

However, it rebounded from this level to cross $109,000 and settle at $109,240. Bullish sentiment intensified on Tuesday as BTC rallied, rising nearly 2% to cross $111,000 and settle at $111,775. The current session sees the price marginally up as buyers look to push it beyond $112,000. Analysts have stated that markets are cautiously optimistic as ETF inflows indicate that institutional interest has not ￰14￱ Shekhar, co-founder and CEO of Pi42, stated, “Bitcoin is holding steady around $110,000 as stablecoin liquidity and moderate inflows signal investor confidence is quietly ￰15￱ volatility is still there, the market tone is far from bearish, and capital continues to flow into quality assets.” Meanwhile, Edul Patel, CEO of Mudrex, believes policy expectations are a key driver of BTC’s ongoing recovery.

“Bitcoin is on an upward trend, gaining over 4 percent since Monday's ￰16￱ shift in momentum comes as the odds of a rate cut increased back to 90 ￰17￱ demand continues to provide tailwinds, and Ethereum whale addresses have risen by 4 percent in just 10 ￰18￱ must clear the resistance at $113,000 to confirm a bullish structure.” According to veteran trader Peter Brandt, BTC has room for a final push towards the $150,000 mark. However, he added that the flagship cryptocurrency has very little time to make such a move. “I think there is still room for one more big thrust, perhaps to $125,000 to $150,000, but it is running out of ￰19￱ market feels toppy.” BTC started the previous week in the red, dropping to a low of $110,635 before settling at $113,478 on ￰20￱ pressure intensified on Monday as the price fell almost 3% and settled at $110,127.

Despite the overwhelming bearish sentiment, BTC recovered on Tuesday, rising 1.51% to cross $111,000 and settle at $111,788. Selling pressure returned on Wednesday as the price fell 0.48% to $111,253. However, BTC was back in positive territory on Thursday, rising 1.19% to reclaim $112,000 and settle at $112,574.