Bitcoin Primed for Historic Breakout as ETF Inflows Surge Past $1.3 Billion

Bitcoin isn''t just knocking on the door of a multi-year breakout—it''s kicking it down. With ETF inflows smashing $1.3 billion, the crypto king is flexing institutional muscle like never before.

Wall Street''s late to the party—again. While suits debate ''digital gold,'' smart money''s already stacking sats. The ETF floodgates are open, and retail''s left playing catch-up.

This isn''t 2021''s meme-fueled mania. This is cold, hard capital voting with its wallet. And right now? The ballot box is overflowing.

Will traditional finance finally admit defeat—or keep pretending they ''never liked fiat anyway''? Place your bets.

Bitcoin price long-term chart point to a multi-year breakout

The monthly chart indicates a strong bitcoin price breakout in the near term. This chart shows that Bitcoin formed a rounded bottom between Dec. 17 and March 2021. 

Since November 2021, Bitcoin has been forming another rounded bottom. The price remains slightly below the ascending trendline connecting the upper side of these rounded bottoms. 

Therefore, the coin may be about to exit an eight-year trendline, which could push it much higher in the long term. Ark Invest sees Bitcoin soaring to $2.4 million by 2030, while Michael Saylor has a mid-term forecast of $1 million.