Main takeout:
According to the data, Bitcoin is currently traded at a 40% discount.
On April 25, more than 36,000 Bitcoins were withdrawn from Coinbase and Binance.
Bitcoin’s fractal patterns in the fourth quarter of 2024 can be pushed for more than $ 100,000 in April.
According to Charles Edwards, the founder of Capriole Investments, Bitcoin (BTC) is currently trading at a 40% discount on its essential value.
In a recent post on X, EDWARDS emphasized $ 130,000 for Bitcoin’s energy value (estimated on mining costs and energy consumption), which has reduced block compensation to 3.125 BTC since April 2024.
Cryptoquant’s recent data showed that 8,756 BTC ($ 880 million) withdrawal from Coinbase on April 24. Negative net flow in Coinbase can point out ETF -related purchases that reflect institutional or basic demand.
This development is consistent with the point where the inflow of Bitcoin ETFs this week. ERIC BALCHUNAS, an analyst at Bloomberg ETF, suggests that the agency has sent $ 3 billion in Bitcoin vendor for the last few days.
Binance witnessed 27,750 BTC exchange leaks on April 25. Alphractal founder Joao Wedson said, “This is the third largest Bitcoin leak in Exchange history.” Large leaks and positive price behaviors suggest an optimistic tail, but Wedson does not automatically mean rally. Analyst
“In 2021, a large -scale outflow did not prevent China from being triggered by China’s password (April -May). On the other hand, continuous leaks for several days during the FTX collapse signed the bottom and recovery.”
Related: Bitcoin ETF $ 3B ‘Vendor’ logs the entire inflow of the first week in 5 weeks
Can Bitcoin Fractal push BTC more than $ 100K in April?
Bitcoin’s weekly performance has been the highest return since November 2025 and has risen the largest since November 2024. In addition to similar profits, BTC prices reflect the same price measures.
As can be seen on the chart on the 1st, Bitcoin integrates the motion in the fourth quarter of 2024, integrating it in a higher range after the escape. After 13% increase between November 5-9, BTC increased by 15% in November 10-11. The ride also happened on weekends.
Similarly, BTC prices rose 11% between April 21-25. If the relative strength index (RSI) shows similar purchase pressure, the 7-10% jump may be more than $ 100,000 for the next few days.
The fractal pattern can be repeated, but it is not completely reliable. Unlike Q4, if Bitcoin is rolled out without resistance, the current overhead resistance level of $ 96,100 can interfere with evacuation.
Related: Bitcoin increases to seven weeks, as the analyst suspects a $ 1 billion rebound.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.