Bitcoin Pass $123K Because of ETF Money Dem Dey Enter, Near All-Time High

Bitcoin don climb pass $123,000, dey close to im all-time high, as e get $2.2bn full US spot Bitcoin ETF inflows for four days. Dis surge reverse August outflows plus e get record $676m and $627m wey dem collect for Wednesday and Thursday. BlackRock’s IBIT fund hold $80bn for BTC now, MicroStrategy dey still dey add to im $76.8bn Bitcoin treasury. One recent US executive order fit unlock $9tn for 401(k) crypto investments. Expectation say Federal Reserve go cut rates plus better “debasement trade” dey push demand. Technical indicators still dey bullish with daily RSI at 67.7 plus positive MACD cross. Analysts talk say if e break pass $123,000, e fit trigger algorithmic buying plus retail FOMO, dem dey target $126,000–$129,000, while dem dey forecast dem go test $124,000 again and fit reach $140,000–$150,000 by year-end. JPMorgan dey see Bitcoin reach $165,000 by end of 2025. The rally raise total crypto market cap to $4.14tn, Ethereum top $4,300 with $4bn institutional inflows plus new ETH ETFs. US government shutdown don stop new ETF approvals, so focus remain for existing Bitcoin ETFs and brokers like Vanguard wey fit list new ones.