Bitcoin has reached a new all-time high, closing at $111,390. The influx of capital and investor confidence highlight new market trends.
Investor Confidence Remains Unshaken
According to on-chain analyst **Axel Adler Jr.**, Bitcoin is currently averaging around **$1.8 billion** in daily net inflows, comparable to peaks seen in the **November 2021** bull market. Adler emphasizes that this volume of inflow is a strong indicator of **sustained investor confidence**, even after setting new all-time highs.
> “Daily net inflows remain historically high—even surpassing peak 2021 levels at current price points.” CITE_W_A
Capital Flows Strongest at High Price Points
Notably, Adler’s data reveals that capital surged most aggressively during price spikes—not dips. At **$73,000**, Bitcoin saw **$3.6 billion** in daily inflows, while this figure jumped to **$4.5 billion** when BTC was around **$92,000**. This indicates a possible **institutional conviction** rather than short-term speculation.
Technical Indicators Show Ongoing Strength
Currently observed positive technical signals include:
* **Relative Strength Index (RSI)**: currently at **53.58**, indicating neutral momentum. * **Golden Cross**: On **May 22**, the **50-day MA** crossed above the **200-day MA**, signaling a bullish trend. * **Average Directional Index (ADX)**: at **25.88**, confirming the strength of the current trend.
While Bitcoin's new all-time high is a significant milestone, the context in which it is achieved is essential. High levels of capital inflows, strong technical signals, and increasing investor confidence all point to a market that is evolving.
