Bitcoin appears to be regaining momentum after a sharp outflow phase, and a blend of $258 million inflows into crypto funds plus a booming Asian IPO market is driving renewed optimism. A recent analysis highlights these two catalysts as potential triggers for Bitcoin’s rally back toward the $100,000 level.
What’s Unfolding
- Crypto investment funds suffered heavy withdrawals in recent weeks — around $1.94 billion in one week, bringing total outflows in a four-week span to $4.9 billion.
- Amid that selling pressure, a glimmer of hope surfaced: $258 million flowed back into crypto funds in the last few days, signaling a possible shift in sentiment.
- Meanwhile, Asia’s IPO boom is acting as a positive macro-signal. One example: Thailand’s largest crypto exchange, Bitkub, is reportedly preparing a Hong Kong IPO (~$200 m), against the backdrop of Hong Kong raising ~$28 billion via IPOs in the first ten months of 2025 (209% year-on-year jump).
Why These Factors Matter for Bitcoin
- The inflows suggest that despite recent weakness, institutional and retail interest in crypto hasn’t evaporated — it may simply have been paused.
- The IPO surge in Asia may indicate broader risk-appetite returning to markets, which often benefits alternative assets like Bitcoin.
- Technically, Bitcoin has been trading in a descending channel with support near $86,800 and resistance around $94,000-$97,000. A breakout above that could reset market expectations.
The Forecast
If Bitcoin manages to clear resistance near ~$97,000 and sustain momentum, the next upside target is the psychological and strategic $100,000 level. Holding above ~$86,800 preserves the bullish setup; a breakdown below could undermine the recovery scenario.
Key Risks
- Inflows remain modest compared with recent outflows — so while sentiment may be improving, it’s not yet strong.
- Global macro or regulatory shocks could hit risk assets (including Bitcoin) harder than expected.
- Technical patterns suggest upside potential, but until momentum confirms, the move remains speculative.
Bitcoin seems poised for a possible rebound toward $100K, driven by fresh inflows and positive Asian IPO signals. That said, the path is far from guaranteed — investor caution remains high, and the technical breakout hasn’t yet been firmly confirmed. For those watching this crypto cycle, the coming days could be pivotal.
