Bitcoin ETF dey get plenty inflows, price dey steady; $160K by 2025
Bitcoin ETF influx don continue steady for six weeks, add over $2.3 billion dis week alone to reach $15 billion for recent weeks, e get strong push from BlackRock, Fidelity, and Grayscale products. Bitcoin still dey close to $118,200 level, e dey form one bullish pennant above e 50 and 100-day moving averages. Wetin dey make fund dey flow na hedge demand because US debt wahala, inflation risk, new stablecoin regulations, and retirement fund allocation fit come. Technical analysis show say support strong at $114,000–$115,600. Analyst Markus Thielen talk say Bitcoin go rest small for $133,000 before e go rise reach $160,000 by late 2025, market cap go reach $3.2 trillion. Traders suppose dey watch ETF buying volume, support levels, funding rates, and open interest to sabi wetin trend go be.
Bullish
Di continuous surge wey dey happen for Bitcoin ETF inflows along with technical indicators wey dey form bullish pennant above key moving averages dey show say buying pressure go continue for short term. Di forecast say e go consolidate around $133,000 before e reach $160,000 by late 2025 mean say medium to long term upside strong, supported by firm support between $114,000–$115,600, stable funding rates and open interest. Historical parallels wit previous bull cycles, together wit macro hedging demand, dey also strengthen di bullish outlook. Traders fit use ETF volumes, support zones, and on-chain metrics to confirm entry points and manage risk.