The post Bitcoin Holds $100,000 Support, Eyes $110,000 Breakout appeared on BitcoinEthereumNews.com.

Bitcoin (BTC) is up 3.6% in the last 24 hours, breaking above $100,000 for the first time since February 3. This surge has reignited bullish momentum across the market and pushed institutional interest back into the spotlight. From ETF inflows to massive corporate holdings, traditional finance is now driving the narrative around Bitcoin’s next move. As BTC eyes new highs, analysts are also watching key technical levels and a possible shift in dominance toward altcoins. Institutions Take the Lead as Bitcoin Eyes New Highs and Altcoins Awaken Bitcoin’s rally above $100,000 challenges long-held market frameworks and fuels widespread debate about what comes next. According to CryptoQuant CEO Ki Young Ju, the traditional Bitcoin cycle theory is outdated as institutional players and ETF inflows reshape the ecosystem. With companies like Strategy holding over $53.9 billion in BTC and spot ETFs bringing billions in net inflows, on-chain analysts are adjusting to a new regime led by TradFi liquidity. Spot Bitcoin ETF Flows. Source: The Block. Meanwhile, mixed sentiment in the options market and rising futures interest reflect a maturing asset, increasingly driven by macro forces and capital flows. At the same time, momentum is shifting toward altcoins. Raoul Pal suggests Bitcoin dominance has peaked, triggering the “Banana Zone”—a phase of parabolic altcoin growth. CoinMarketCap’s Altcoin Season Index has moved out of “Bitcoin Season” territory for the first time in months, now sitting at 41. Institutional participation remains strong, with BlackRock and Fidelity’s ETFs continuing to absorb capital. Standard Chartered has doubled its bullish outlook, predicting a new BTC all-time high in Q2, fueled by ETF demand, sovereign fund adoption, and the Strategy’s plan to raise $84 billion, potentially pushing its Bitcoin holdings to over 6% of the total supply. BTC Exchange Supply Stabilizes After Sharp Drop as Bullish Trend Holds Between April…

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Filed under: News - @ May 9, 2025 8:26 pm