Bitcoin Price Prediction: ETF Inflows Hit Historic Levels – How Soon can BTC Smash Through $150K?
Bitcoin price is at a crossroads, with recent ETF inflows and technical indicators pointing to a breakout to $150,000. Last week, Bitcoin ETFs saw $2.75 billion in net inflows – the 3rd highest week in Bitcoin ETF histor...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin price is at a crossroads, with recent ETF inflows and technical indicators pointing to a breakout to $150,000. Last week, Bitcoin ETFs saw $2.75 billion in net inflows – the 3rd highest week in Bitcoin ETF history.
BlackRock’s IBIT took in $2.43 billion and Fidelity’s FBTC $209.84 million. This is a big sign of institutional confidence in Bitcoin’s long term value.
SPOT BITCOIN ETFs SAW $2.75 BILLION IN NET INFLOWS PAST WEEK!
BIG MONEY IS STILL BUYING $BTC, ARE YOU PAYING ATTENTION? pic.twitter.com/jv5ZGNEyru
Ether ETFs weren’t left behind, pulling in $248.31 million, highlighting broader crypto enthusiasm. With net assets and volumes soaring, the question now is when—not if—BTC will make its next big move.
Source: SosovalueBitcoin Price Prediction – Technical Analysis & Key Levels to WatchBTC is currently at $109,545 after hitting $111,930 earlier this week. Price action has formed a symmetrical triangle on the 2 hour chart with converging trendlines from lower highs and higher lows. This setup often means a breakout is imminent but the direction depends on which side breaks first.
Key resistance to watch include $109,631 (23.6% Fibonacci) and the recent high of $111,930.
A break above these levels especially with strong volume and bullish candlestick patterns like bullish engulfing or three white soldiers could open up $113,300 and $114,600.
Bitcoin Price Chart – Source: TradingviewIf momentum builds $150,000 is a possibility. The MACD is showing a slight bullish crossover so wait for confirmation before entering.
Bitcoin Support Levels and Downside RisksOn the downside, the 50 period EMA at $108,846 is the first level of support. A break below this especially with bearish candlestick patterns like bearish engulfing or three black crows could mean a deeper pullback.
Watch for support at $108,209 and $107,060 (38.2% and 50% Fibonacci). If these levels fail the next targets are $105,905 and $102,190.
For newbies to trading this is a chance to practice reading charts and technicals. If you’re looking to long, wait for a break above $109,631 with rising volume and bullish signals. If you’re looking to short, a break below $108,209 confirmed by strong bearish patterns may mean a move lower.
Final ThoughtsIn short, Bitcoin’s setup and ETF history means big move is coming and this is ultimately keeping Bitcoin price prediction bullish. Wait for confirmation of break or break levels, set stops and be flexible. $150,000 is possible but timing and market sentiment will decide.
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The post Bitcoin Price Prediction: ETF Inflows Hit Historic Levels – How Soon can BTC Smash Through $150K? appeared first on Cryptonews.
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