TLDR Matrixport analysts caution that Bitcoin’s $105K rebound may not be sustainable due to weak institutional support. Bitcoin ETFs saw significant outflows, totaling $558.44 million last week, raising concerns about market strength. Despite short-term catalysts like the potential end of the U.S. government shutdown, Bitcoin’s rally faces uncertainty. Matrixport warns that short-term events may not [...] The post Matrixport: Bitcoin’s Price Surge to $105K May Be Tested Soon appeared first on CoinCentral.TLDR Matrixport analysts caution that Bitcoin’s $105K rebound may not be sustainable due to weak institutional support. Bitcoin ETFs saw significant outflows, totaling $558.44 million last week, raising concerns about market strength. Despite short-term catalysts like the potential end of the U.S. government shutdown, Bitcoin’s rally faces uncertainty. Matrixport warns that short-term events may not [...] The post Matrixport: Bitcoin’s Price Surge to $105K May Be Tested Soon appeared first on CoinCentral.

Matrixport: Bitcoin’s Price Surge to $105K May Be Tested Soon

2025/11/11 02:44

TLDR

  • Matrixport analysts caution that Bitcoin’s $105K rebound may not be sustainable due to weak institutional support.
  • Bitcoin ETFs saw significant outflows, totaling $558.44 million last week, raising concerns about market strength.
  • Despite short-term catalysts like the potential end of the U.S. government shutdown, Bitcoin’s rally faces uncertainty.
  • Matrixport warns that short-term events may not be enough to fuel a lasting Bitcoin price increase.
  • The recent rebound may struggle to continue without stronger institutional capital backing Bitcoin’s price.

Matrixport analysts have raised concerns over Bitcoin’s (BTC) recent rebound to $105,000, pointing out that the price surge may not be sustainable. The rebound is under scrutiny, as on-chain indicators suggest the price may face a pullback in the near future. Analysts caution that despite some positive catalysts, the rally could falter without institutional support.

Bitcoin ETF Outflows Raise Concerns

Matrixport highlighted that Bitcoin ETFs experienced substantial outflows, which may indicate that institutional investors are stepping back. Data from SoSoValue showed that 12 U.S. Bitcoin Spot ETFs saw a combined outflow of $558.44 million last week. This marked the second-largest single-day withdrawal in recent trading sessions, following a brief period of inflows.

Even though some traders remain optimistic about Bitcoin’s price, Matrixport remains cautious about the market’s ability to sustain growth. The weak institutional capital and recent ETF outflows raise doubts about Bitcoin’s long-term rally. According to Matrixport, these factors suggest that Bitcoin may struggle to achieve further upward momentum.

Short-Term Catalysts May Not Be Enough

Matrixport also acknowledged that short-term catalysts, like the resolution of the U.S. government shutdown, could trigger a brief price surge. The U.S. Senate has advanced a bill to fund the government until January 30, with President Trump expressing optimism about its potential to end the shutdown. If the bill passes, it could reduce some market uncertainty and provide a temporary boost for Bitcoin.

Another catalyst highlighted by Matrixport is the possibility of stimulus-style payments for Americans. Trump’s recent comments about a potential $2,000 payment resemble the 2020-2021 retail-driven Bitcoin rally. However, Matrixport is cautious about relying on these short-term events to fuel a sustained Bitcoin price increase.

Despite these potential triggers, Matrixport emphasizes that Bitcoin’s rebound is far from guaranteed. The weak institutional interest and ongoing ETF outflows could limit the extent of any future Bitcoin price rally. As a result, traders should remain vigilant in the face of uncertainty surrounding Bitcoin’s future movements.

The post Matrixport: Bitcoin’s Price Surge to $105K May Be Tested Soon appeared first on CoinCentral.

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