Bitcoin Price Can Reach $131K as ETF Inflows, Chart Pattern Align

Bitcoin Price Can Reach $131K as ETF Inflows, Chart Pattern Align
[[{„value”:”
Bitcoin began October with strong institutional inflows and a bullish technical setup. The token traded around $125,000 at the time of writing, supported by heavy Bitcoin ETF demand from Fidelity and BlackRock.
Analysts said the alignment of structural and on-chain signals pointed to an expanding uptrend that could test $131,000 in the weeks ahead.
Bitcoin Price Built Strength on ETF Demand
The rally followed months of accumulation after the April 2025 halving. Historically, this period marked the early phase of major bull cycles.
Investors saw similarities with 2017, when BTC rallied sharply in the year following a halving event.
The difference this time came from the role of regulated ETFs that added consistent liquidity and institutional credibility to Bitcoin markets.
Market strategist Donald Dean said on X that Bitcoin had “completed an inverse head-and-shoulders breakout.”
He noted that a daily close above $125,000 would open the path to $131,000, supported by re

Czytaj więcej

We współpracy z: https://www.thecoinrepublic.com/2025/10/05/bitcoin-price-can-reach-131k-as-etf-inflows-chart-pattern-align/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy