Matrixport: BTC approaches the resistance level of $106,000, with momentum continuing to build
ChainCatcher message, Matrixport stated that, from the daily chart on March 24, Bitcoin was attempting to break through the descending trend line around $85,712 at that time. A month later, despite some upward movement, Bitcoin is currently facing new resistance levels.If Bitcoin can overcome the current resistance level, it is expected to break through the $106,000 mark. The core factors contributing to this potential movement include: the continued strength of the U.S. stock market, Trump's signals of more relaxed tariffs, and the ongoing inflow of stablecoin funds, which were mentioned in yesterday's report.As ETF fund inflows recover, Bitcoin's momentum is strengthening, and the overall market structure trend is improving.