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#AprilETFTripleInflow
Bitcoin is showing incredible strength after securing the $80,000 mark. The macro environment is providing a perfect tailwind as global stock indices reach record levels. This risk on appetite is flowing directly into digital assets.
One of the most important metrics right now is the rise in miner profitability. When miners are making money they stop dumping their rewards to cover costs. This creates a supply squeeze that usually leads to parabolic moves.
Market analysts are looking at options pricing and seeing heavy positioning for an $85,000 target. If we hold this current support the momentum will be hard to stop. We are seeing a rare alignment where technicals and macro sentiment both point up.
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