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Bitcoin (BTC) shows bullish signs with potential to reach $100k, remaining above $60k despite April's downturn. Positive flows observed in spot ETFs, particularly in Hong Kong. China's increasing gold purchases drive prices up, signaling a 'modern day gold rush'. Grayscale Bitcoin Trust (GBTC) sees first inflows since January, hinting at a potential trend change.
Analysts Say #Gold Rush In China Is Pushing Prices Up https://t.co/QIC6vr4iqJ
NEW: #Bitcoin 'Fear and Greed' index reaches 71, 'Greed' territory. https://t.co/0d7ILMkFd7
All 11 spot Bitcoin ETFs saw inflows for the first time since the launch in January https://t.co/GULl8jSlhh