TechFlow news, April 29: Matrixport released a chart today stating, "From the daily chart on March 24, Bitcoin was attempting to break above the downward trend line near $85,712. One month later, despite some upward movement, Bitcoin is currently facing a new resistance level.
If Bitcoin can overcome this current resistance, it could potentially突破 the $106,000 mark. Key factors driving this potential move include: sustained strength in U.S. equities, Trump signaling more relaxed tariff policies, and continuous inflows into stablecoin funds—factors already mentioned in yesterday's report.
With ETF inflows recovering and Bitcoin momentum strengthening, the overall market structure remains bullish."
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