Bitcoin (BTC) showed a sideways movement below the 109,588 dollar (approximately 160 million won) resistance line over the weekend, but analysis suggests that the technical structure still maintains an upward trend. Keith Alan, co-founder of Material Indicators, stated on his X account that "as long as Bitcoin is trading above the early year price line of around 93,500 dollars (approximately 136 million won), the optimistic outlook remains valid".
Demand for Bitcoin is expected to continue strengthening through investments from sovereign wealth funds, exchange-traded funds (ETFs), listed companies, and some countries. Bitwise, which operates a cryptocurrency index fund, recently projected in a report that institutional funds will flow into the Bitcoin market at approximately 120 billion dollars (about 175.2 trillion won) in 2025, and 300 billion dollars (about 438 trillion won) in 2026.
Based on these expectations, if Bitcoin maintains its strong trend at the beginning of the week, altcoins such as HYPE, Monero (XMR), Aave (AAVE), and Worldcoin (WLD) may also expand their upward momentum. Industry experts anticipate that the continuous institutional inflow into Bitcoin will have a positive impact on altcoins in the medium to long term.
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