Bitcoin (BTC) $105,926.72On May 22, testing 112 thousand dollars and closing the day at 111 thousand 390 dollars and realized the highest closing of all time. Following the new price record, the capital entered the market despite the decline in the last 24 hours with political and macroeconomic developments. In -chain analyst Axel Adler Jr.According to the data compiled by the daily net entries around $ 1.8 billion. This entrance volume, which competes with the levels seen at the summit of the 2021 bull run, points out that the investor confidence is still alive. In short, instead of triggering the latest record profit sales at the price, it attracts the new capital directly to Bitcoin.
Corporate Money Entry Record Renewed
According to the data compiled by Adler, the hardest money entries are experienced in price jumps. Bitcoin’s price at 73 thousand dollars recorded recorded $ 3.6 billion in a single -day entrance to around 92 thousand dollars rose to 4.5 billion dollars. In other words, the courage of buyers is not affected by the rise in the price, but rather strengthened.
In this table, where collective behavior changes, the institutional capital that “chasing the rise” stands out instead of “buying decreases” reflex. As the fund managers see Bitcoin as a portfolio diversification tool regardless of the price, the demand threshold is moved up.
Permanence of this tendency ETF He also shows himself in his demands. Spot Bitcoin ETFs have increased at every new high level without disturbing the capital input-exit balance since mid-May. Thus, long -term capital dominates the market and the volatility created by short -term speculators is absorbed. Even 5.8 percent withdrawal did not panic in just five days. The consolidation process was entered by preserving the market depth.
Technical indicators support the rise
Relative power index (RSI) 53.5 and has been moving in the 50–70 band since the end of February. So Bitcoin has no excessive intake or a signal of fatigue. On May 22, the “Golden intersection oluş, which was formed by cutting 200 days of average of 50 days, riveted the trend power. Moreover, the difference between the two average opens a little more every day, which shows that long -term acceleration is preserved.
Beyond average, Average direction index (ADX) confirms that the trend is still alive by staying at 25.8. The rise acceleration that started at the end of April combined with volume support and created a healthy consolidation range. The price is now listened to in the band of 103 thousand to 106 thousand dollars, while the threshold of 100 thousand dollars for long -term investors is strong psychological support. As the new capital introduction continues, the closing of over 113 thousand dollars for the second leg of the rise will be critical.
Even at a record level, it is seen that net capital inflows refresh records, technical indicators do not lose power and corporate appetite does not decrease. Bitcoin is more than 11 percent in 30 days, while the cautious optimism atmosphere is still maintained.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
