Bitcoin primed for breakout as liquidity inflows surge. Recently, on-chain strategist Willy Woo observes that Bitcoin’s core metrics have shifted into expansion mode. Network capital inflows are surging, with 30-day net transfer volumes climbing even as speculative transactions contract. At the same time, Woo’s proprietary risk indicator has resumed a downward trend, suggesting that fresh liquidity is bolstering the market. This deepening of available funds implies that any dips are likely to be shallow and quickly reversed, reinforcing a more resilient trading environment.
BTC fundamentals have turned bullish, not a bad setup to break all time highs.
— Willy Woo (@woonomic) April 27, 2025
I took a break from X to enjoy the NZ summer but every week I put out a series of analysis to my subscribers (this is a hobby, NOT a long term project).
Thought I’d post this update publicly.
Meanwhile, on-chain authority Rekt Capital emphasizes that a decisive weekly candle above $93,500 is essential for Bitcoin to reclaim its previous range, marking the initial phase of a broader upward trajectory. Adding to the bullish case, CryptoQuant’s head of research, Julio Moreno, notes that their Bull Score Index has risen to 60, driven by heightened BTC demand alongside expanding stablecoin reserves. This convergence of factors establishes a firmer monetary base, setting the stage for continued gains as bullish sentiment grows.
Key Bitcoin Levels To Watch – April 28
BTCUSD is showing bullish strength as price trades above the 9-day SMA (Simple Moving Average) at around $92,420 and maintains a series of higher highs and higher lows. The MACD (Moving Average Convergence Divergence) indicator is bullish, with the MACD line firmly above the signal line and increasing histogram bars supporting continued upward momentum.
Price recently passed the $91,690 level and is now consolidating just below the key psychological level of $96,000. If the bullish momentum holds, BTCUSD is likely to rally towards the $100,000 mark and possibly extend gains to around $108,390.
BTCUSD Key Levels
Resistance Levels: $95,980, $100,000, $108,400
Support Levels: $85,010, $74,420, $66,780
Bitcoin METRICS
Total Market Capitalisation: $2.95T
Bitcoin Market Capitalisation: $1.87T
Bitcoin Volume: $31.55B
Market Rank: #1
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