$1.5 Billion ETF Tsunami Could Launch Bitcoin to 4% Surge—And Shatter All-Time Highs
Wall Street’s latest love affair with crypto just went nuclear. A $1.5 billion ETF buying spree is loading the rockets for Bitcoin’s next moonshot.
Brace for impact.
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The Institutional Floodgates Are Open
Forget ‘dumb money’—this is hedge fund fuel hitting the market. When ETF inflows hit this scale, price discovery gets violent. And Bitcoin’s ATH looks fragile as a Lehman Brothers balance sheet.
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4% or 40%? Nobody’s Selling
Liquidity’s evaporating faster than a banker’s morals during bonus season. With shorts getting squeezed and HODLers locking up supply, that 4% target might just be the warm-up act.
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Warning: Past Performance Is Future Drama
Sure, the SEC still hates crypto. Yes, Tether’s auditors might be fictional. But when $1.5 billion comes knocking, even goldbugs start checking Bitcoin’s price. Buckle up—this ride gets bumpy.
Bitcoin is Ready To Bounce Back
The Network Value to Transaction (NVT) Ratio spiked earlier this month, following a similar spike in June. The NVT Ratio measures the relationship between the network value and transaction activity.
A rising NVT Ratio suggests the network value was exceeding the transaction activity, which generally is a sign of the market overheating. This tends to result in a reversal.
The same was evident in Bitcoin’s recent dip, as the market cooled off. Nevertheless, currently, the NVT Ratio has returned to a monthly low, providing bitcoin with room for a potential rally.
This week, spot Bitcoin exchange-traded funds (ETFs) saw over $1.5 billion in inflows, a significant portion of which occurred in the last 48 hours during Bitcoin’s dip. The influx of institutional money highlights that investors are confident in Bitcoin’s potential despite the market cooling.
These ETF inflows demonstrate resilience among institutional investors, who are continuing to add Bitcoin to their portfolios rather than sell. If this trend persists, it could propel Bitcoin’s price upward, as institutional support provides stability.
BTC Price Is Inches From The All-Time High
Bitcoin is currently trading at $118,325, facing resistance at the $120,000 level. This resistance is crucial for Bitcoin if it wants to break back to its ATH of $123,218. The 4.1% gap to reach the ATH indicates potential for growth, but Bitcoin needs to secure support above $120,000 for this to happen.
If Bitcoin can hold above $120,000 and push past $122,000, it could continue its ascent toward new all-time highs. The current market conditions and ETF inflows support a bullish outlook, with a significant chance of breaking the resistance.
However, the risk of profit-taking remains, which could lead to a price drop. If Bitcoin faces selling pressure, it could fall back to $115,000, erasing a portion of recent gains. This WOULD invalidate the bullish thesis, causing Bitcoin to retest lower support levels.
