Matrixport: With new capital inflows, Bitcoin may break through $100,000

Planet Daily News: Matrixport released today's chart, stating that the liquidity of the crypto market has recently improved, with new funds beginning to flow into the market, showing an overall positive change. After experiencing two months of sideways consolidation and slight increases, we are starting to see initial positive signs of conversion from fiat to cryptocurrency. If this trend continues, breaking through the $100,000 mark for Bitcoin should not be difficult. Although still in the early stages, the surge of fund inflows in October and November of last year also drove the previous strong rebound. Given the current signs of fund recovery, traders should closely monitor related data.