Bitcoin Falls From New Highs, But Bulls Still Target $150K
The post Bitcoin Falls From New Highs, But Bulls Still Target $150K appeared on BitcoinEthereumNews.com.
Key takeaways: Over $3.5 billion in weekly ETF inflows and a five-year low in exchange balances highlight renewed institutional confidence in Bitcoin. Healthy futures open interest and continuous BTC adoption suggest that traders expect Bitcoin to challenge $150,000 soon. Bitcoin (BTC) saw a 4.2% correction on Tuesday after reaching a $126,219 all-time high the previous day, a move that was somewhat expected following a 12.5% weekly gain. While traders fear a deeper pullback amid growing uncertainty in global economic outlooks, Bitcoin derivatives and institutional flows still point to further upside. Bitcoin two-month futures annualized premium. Source: laevitas.ch Bitcoin monthly futures are trading at an 8% annualized premium compared to regular spot markets, sitting comfortably within the neutral 5% to 10% range. Periods of excessive confidence often push this spread above 20%, reflecting higher demand for leveraged bullish positions. In contrast, bearish markets usually pull the indicator below 5% or even into negative territory — clearly not the case now. At first glance, derivative traders’ lack of confidence might appear bearish, but it actually reduces the risk of cascading liquidations if Bitcoin’s price dips further. Moreover, data strongly suggests that the rally after the $109,000 retest on Sept. 26 was driven by real inflows rather than speculation. The longer Bitcoin holds above $120,000, the stronger the bulls’ conviction becomes. Institutional inflows and corporate reserves strengthen Bitcoin’s market position Institutional adoption continues to favor Bitcoin, cementing its role as digital gold. Regardless of when a new all-time high is reached, Bitcoin has already gained 31% year-to-date in 2025, far outpacing the S&P 500’s 14% increase. Net flows into listed Bitcoin products remain a reliable gauge of institutional interest. Weekly ETF / ETP net flows by asset, USD million. Source: CoinShares The $3.55 billion in weekly net inflows into Bitcoin exchange-traded products, including…
Filed under: News - @ October 8, 2025 11:28 am