Bitcoin’s climb back toward $95,000 this week isn’t just technical momentum—it’s a broader market signal.
According to Gadi Chait, head of investment at Xapo Bank, this rally highlights a renewed investor appetite. “It is a signal that investors are ready to spend again,” he told Fortune.
Chait attributes the bullish momentum to a convergence of key factors: strong institutional inflows via ETFs and aggressive bullish options activity.
Together, these elements are reinforcing Bitcoin’s trajectory, potentially setting it up to break the $100,000 mark in the near term.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/bitcoins-surge-toward-95k-signals-investor-confidence-says-xapo-bank/