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Analysts: Bitcoin's upward breakthrough resistance weakens, and market expectations are expected to hit US$100,000

Online reports, according to The Block, Bitfinex analysts pointed out that based on the expiration of Bitcoin options on Friday, the market showed moderate optimism. Although price shocks are still possible in the short term, traders are increasingly expecting Bitcoin to reach higher price levels in the second quarter of 2025. Analysts at Bitfinex said in a briefing: "As the $90,000 strike price intensive area is breached, options-based upside resistance has weakened. They added,"Many market participants are currently targeting higher strike prices-$95,000 and $100,000 call options are accumulating large open interest for contracts expiring in late April and May." They also expect that inflows into spot Bitcoin ETFs, which have increased this week, could have a significant impact on Bitcoin's ability to stay above $90,000.

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