Matrixport: Bitcoin approaches resistance level of $106000, momentum continues to accumulate

According to a report by Golden Finance, Matrixport stated that based on the daily chart on March 24th, Bitcoin was attempting to break through the downward trend line around $85712. One month later, although Bitcoin has risen slightly, it is currently facing new resistance levels. If Bitcoin can overcome the current resistance level, it is expected to break through the $106000 mark. The core factors contributing to this potential trend include the continued strength of the US stock market, Trump's signal of looser tariffs, and the continued inflow of stablecoin funds, which were mentioned in yesterday's report. With the inflow of ETF funds recovering and the momentum of Bitcoin increasing, the overall market structure trend is improving.