Cooper Research: ETF Money Go Make Bitcoin Reach $150K
Cooper Research dey talk say record Bitcoin ETF money wey dey enter market go push Bitcoin (BTC) from im present $118,000 go $140,000 by September and $150,000 by October. Di company talk say over $6.6 billion net spot ETF money come enter market inside 12 days after GENIUS Act pass, raise total net money enter for 12 BTC ETFs to $54.75 billion and boost assets wey dem dey manage to $152.4 billion (wey be 6.51% of BTC market value). Historically, every 10,000 BTC wey dem add for ETF storage dey raise Bitcoin price by 1.8%, show how Bitcoin ETF money fit trigger short term gains and make market balance inside this bull time. Traders suppose dey watch ETF money well well, because 27% increase from $118K need make e reach $150K by early October. Better regulatory progress and steady ETF storage na keys for more upside.
Bullish
Di forecast wey talk say big Bitcoin ETF money go dey flow in, wey backed by old info wey show say price go rise 1.8% for every 10,000 BTC wey ETFs don collect, e mean say big big company dem dey find Bitcoin well well, and e fit make price go up short time and long time. For short time, as still plenty money dey enter, e fit make price jump as ETF buy dem dey swallow market money. For long time, as ETF still dey collect Bitcoin under GENIUS Act law, e fit make market confidence strong, reduce wahala for price change, and help reach $150K target. Law people clarity and steady money flow join body put this bullish thing for Bitcoin.