The ETF inflow and institutional interest may drive the BTC price higher ahead.
Bitcoin price has been consolidating between $99k and $110k over the last 30 days, with its current price hovering around $108k. This has sparked speculations that BTC can witness a breakout soon, with a flurry of market participants giving different outlooks.
Meanwhile, a renowned market expert has recently revealed the potential timeline for Bitcoin price to hit a new ATH. Besides, another market expert has highlighted the key reasons that might drive the price of the flagship crypto ahead.
Bitcoin price has stayed near the flatline today, trading around $107.72 during writing. However, its one-day volume rose 22% to $39 billion, indicating an increasing trading activity in the market.
Meanwhile, the crypto has recorded a surge of over 6% over the last seven days. On the monthly chart, the gains were recorded at $4%. Notably, the crypto has hovered between $107.31 and $108.79 over the last 24 hours.
Besides, the relative strength index of the flagship crypto stayed at 57, indicating a neutral zone for the asset. In other words, the crypto might witness a massive breakout or continue to consolidate in the range over the next few days.
As Bitcoin price continues to struggle to break its all-time high, analysts have shared crucial insights on the future trajectory for BTC. According to a prominent market expert Rekt Capital, Bitcoin’s historical cycle performance suggests a potential peak in September or October 2025.
With only a few days left in June, July, August, and then September, history indicates there’s limited time left in this Bitcoin bull market. In other words, the experts anticipate a cycle peak for BTC price between September and October 2025.
On the other hand, as Bitcoin price teeters on the brink of breaking above its recent resistance line, market analysts are eyeing potential catalysts for a price surge. According to a Matrixport report, despite strong ETF inflows and US equities hitting new highs, BTC’s upside volatility has remained surprisingly subdued.
However, several factors could soon drive the price higher. For context, a more dovish Federal Reserve, with growing expectations of rate cuts, may boost investor sentiment.
As officials question the lasting impact of tariff-driven inflation, traders may follow the equity market’s lead, where retail buying has driven stocks to record highs.
While retail activity in crypto remains subdued, the spillover from Wall Street, particularly through ETFs, could become the key driver of Bitcoin’s next move upward.
As summer often brings consolidation, Bitcoin’s current quiet phase may be seasonal. On the other hand, ETF inflows play a crucial role, indicating that the Bitcoin price could soon experience a significant boost.
Meanwhile, the US Spot Bitcoin ETF has continued to record robust inflows in recent days, indicating a sustained institutional interest. For context, the US Bitcoin ETF recorded an inflow of over $2.21 billion last week.
Simultaneously, the corporate interest also remained high on crypto. Notably, Japan’s MicroStrategy Metaplanet has recently purchased more than 1000 BTC, indicating the growing confidence of the corporations towards the asset.
Having said that, it appears that BTC is poised to hit a new ATH soon. However, investors should exercise due diligence before putting their bets amid the ongoing volatile scenario in the market.
Read more on The Coin Republic
