Matrixport: Bitcoin's momentum is increasing and is expected to break through the $106,000 mark

Planet Daily News: Matrixport released today's chart, stating that from the daily chart on March 24, Bitcoin was attempting to break through the descending trend line near approximately $85,712. One month later, although Bitcoin has shown an upward trend, it is currently facing new resistance levels. If Bitcoin can overcome the current resistance, it is expected to break through the $106,000 mark. The core factors contributing to this potential trend include: the continued strength of the U.S. stock market, Trump's signals of more relaxed tariffs, and the continuous inflow of stablecoin funds, which were mentioned in yesterday's report. With the recovery of ETF fund inflows, Bitcoin's momentum is strengthening, and the overall market structure is trending positively.