Bitcoin Price Prediction: Will Shutdown, ETFs Send BTC Toward $130K Soon, Then 150K?
This week, institutional inflows and macro forces conspired to drive the largest cryptocurrency in the world above $125,000, regaining...
Quick overview
- Bitcoin surged to an all-time high of $125,450, driven by institutional inflows and macroeconomic factors.
- The rally was supported by positive sentiment in U.S. equities and increased demand for Bitcoin-linked ETFs.
- Despite a brief correction due to inflation data, Bitcoin rebounded above $124K, indicating strong buyer interest.
- Analysts predict that if institutional flows continue, Bitcoin could test $130K in the near term and aim for $150K in the long run.
Live BTC/USD Chart
This week, institutional inflows and macro forces conspired to drive the largest cryptocurrency in the world above $125,000, regaining the spotlight and bursting past highs.
Bitcoin’s Historic Breakout
Bitcoin surged to an all-time high of $125,450 after eight straight sessions of gains. The rally was powered by renewed confidence in U.S. equities, rising demand for Bitcoin-linked ETFs, and a wave of safe-haven buying amid continued political wrangling in Washington over the federal budget.
Rally Fueled by Policy and Sentiment Shifts
This summer’s earlier peaks—$123,000 in July and $124,000 in August—set the stage for Bitcoin’s record climb. Crypto-friendly policies from the White House and growing interest from institutional players pushed BTC into new territory. The latest push over $125K reflects investors’ search for alternative assets as the U.S. government shutdown weighs on confidence in traditional markets.
From Euphoria to Weekend Pullback
Despite this bullish surge, Bitcoin faced a sharp correction last week after hotter-than-expected U.S. inflation data dented sentiment. Remarks by Treasury Secretary Scott Bessent confirming no increase in U.S. Bitcoin reserves accelerated the sell-off, sending BTC briefly below $110,000 and triggering over $250 million in liquidations.
Still, the setback proved temporary. By the weekend, Bitcoin rebounded above $124K, signaling that buyers remain in control.
Technical Picture: Trend Remains Intact
Chart patterns suggest Bitcoin’s uptrend remains firm. The correction coincided with two doji candlesticks—signs of short-term exhaustion—before BTC found solid support at the 20-week simple moving average (SMA) and bounced higher.
BTC/USD Chart Weekly – The 20 SMA Held Firm
Momentum indicators such as the stochastic oscillator have turned up from oversold levels, hinting at renewed buying pressure. Analysts now see a near-term test of $130K, with longer-term targets approaching $150K if institutional flows persist.
Institutional Demand Takes the Lead
Unlike previous retail-driven booms, this rally is dominated by institutional capital. Spot Bitcoin ETFs attracted $35 billion in inflows this year, with forecasts suggesting they could reach $50 billion by mid-2025.
BlackRock’s iShares Bitcoin Trust (IBIT) and ARK 21Shares Bitcoin ETF (ARKB) saw some of the heaviest allocations, including a single-day inflow exceeding $1.17 billion last week—evidence of large-scale participation.
Macro Tailwinds Add Fuel
A weaker U.S. dollar, growing federal debt above $37 trillion, and expanding money supply have reinforced Bitcoin’s role as a hedge against inflation and currency debasement. The Federal Reserve’s dovish stance after recent rate cuts further supports risk assets like BTC.
Globally, several nations—including the Philippines, Malaysia, and Thailand—are debating sovereign Bitcoin holdings. The Philippines’ proposed House Bill 421 would require annual purchases of 2,000 BTC for reserves, reflecting the asset’s growing geopolitical relevance.
Conclusion: Momentum Tilts Toward Higher Highs
Bitcoin’s latest surge highlights the shifting dynamics of today’s market—dominated by institutional players and strengthened by macroeconomic tailwinds. With support levels holding firm and ETF flows breaking records, analysts believe BTC could soon challenge $130K, keeping its longer-term goal of $150K well within reach.
Bitcoin Live Chart
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