Bitcoin holds above $114,500; Experts see breakout potential amid rising inflows
Synopsis
Bitcoin held above $114,500 as institutional inflows returned, lifting sentiment and technical momentum. Ethereum and altcoins also gained. Analysts cited strong liquidity zones, ETF inflows, and macro factors supporting long-term bullishness, despite short-term resistance and volatility. Consolidation may precede a breakout if key levels are crossed in the near term.
Bitcoin traded steady above the $114,500 mark in Thursday’s session, as inflows returned to crypto investment products and analysts pointed to improving institutional sentiment and key technical levels that could shape the near-term trend.
As of 11:30 am IST, Bitcoin was up 0.5% in the past 24 hours at $114,581, while Ethereum rose 1.7% to $3,690. Altcoins also saw broad-based gains, with XRP, Solana, Tron, Dogecoin, and Cardano advancing between 1.5% and 3%.
The overall cryptocurrency market capitalisation rose by 0.84% to $3.75 trillion, according to data from .
Crypto TrackerTOP COIN SETSBTC 50 :: ETH 50-0.04% BuySmart Contract Tracker-0.64% BuyDeFi Tracker-3.95% BuyNFT & Metaverse Tracker-5.58% BuyWeb3 Tracker-6.51% BuyTOP COINS (₹) Solana14,885 (3.33%)BuyXRP264 (1.88%)BuyEthereum324,871 (1.87%)BuyBNB67,263 (0.8%)BuyBitcoin10,068,631 (0.53%)Buy“Bitcoin is hovering around $114K, with high liquidity zones visible near $115.5K and $117K – suggesting a possible upward move to these levels before a pullback,” said Riya Sehgal, Research Analyst at Delta Exchange. “Ethereum is consolidating above $3,600, with bright liquidity patches near $3,750–$3,800. Price could be drawn there next, but a short-term retracement may follow.”
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View Details »According to Sehgal, Bitcoin ETFs saw net inflows of $91.5 million after four straight days of outflows, led by BlackRock and Bitwise. Ethereum ETFs also saw $35 million in net inflows, signalling improved confidence among institutional investors.
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Avinash Shekhar, Co-Founder & CEO of Pi42, said Bitcoin is currently testing a “crucial resistance zone” around $114,000, which could determine near-term momentum. “While short-term technicals hint at consolidation, growing institutional inflows, ETF traction, and macro tailwinds are supporting long-term bullish projections,” he noted.
Shekhar also pointed to increased open interest and divided sentiment in Ethereum as a sign of a “high-stakes setup,” while XRP’s trajectory may hinge on upcoming regulatory votes from the US SEC.
Shivam Thakral, CEO of BuyUcoin, said Bitcoin is facing resistance at $115,000 due to uncertainty in macroeconomic conditions. “Crypto funds registered positive inflows of $50 million for the first time this week, signalling buying-the-dip activity. Altcoins like ETH, XRP, and SOL registered healthy gains between 1.5% and 3%. However, the market may remain under pressure as the tariff war escalates and stagnation fears loom over the US economy.”
Parth Srivastava, Head of Quant at 9Point Capital, described the current market as a “healthy consolidation phase,” with Bitcoin behaving like a compressed spring. “This range-bound action is shaking out weak hands while setting the stage for a powerful expansion. As long-term fundamentals remain intact, this quiet phase is not weakness but energy accumulating before the next breakout,” he said.
While the crypto market remains sensitive to external economic cues, Thursday’s modest rally and renewed institutional inflows offer early signs of a stabilising trend, one that could turn explosive if resistance levels are breached in the days ahead.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)