April 18 BTCUSD BingX Chart Analysis and Today's Headline

According to CoinShare, digital asset investment products saw inflows totalling US$114m last week, which is seeing continued improving sentiment for the asset class. This 4-week run of inflows now total US$345m. During the past 24 hours, Bitcoin has seen a 2.98% decline, hitting an intraday low of 29 ,240.65. After peaking at 31 ,000 on April 14, the downward movement suggests that investors are taking profits. However, the gently rising 20-day EMA and the RSI in the positive zone signal a potential advantage for the bulls. If the BTC/USDT pair manages to rebound above the 30 ,000 level, it could target the 32 ,000 mark.