Bitfinex analyst: Bitcoin's upward breakthrough resistance weakens, and the market expects it to hit $100,000

Mars Finance News, on April 25, according to The Block, Bitfinex analysts pointed out that based on the Bitcoin options expiration on Friday, the market shows a moderate optimistic sentiment. Although price volatility may still occur in the short term, traders are increasingly expecting Bitcoin to reach a higher price level in the second quarter of 2025. Bitfinex analysts stated in a briefing: "As the concentration area of $90,000 strike price is broken through, the upside resistance based on options has weakened." They added, "Many market participants are currently shifting their targets to higher strike prices - call options at $95,000 and $100,000 are accumulating a large number of open contracts for April and May expiration." They also predicted that the capital inflows of spot Bitcoin ETFs (which have increased this week) may have a significant impact on Bitcoin's ability to maintain above $90,000.