$BTC

6 signals that predict Bitcoin price will reach USD 140,000

After the recent surge of Bitcoin to USD 106,000, BTC continues to show strength and traders seem to be targeting the USD 140,000 level as the next possible peak.

Key takeaways:

The price of Bitcoin is retreating, but strong ETF inflows, high network activity, and whale accumulation suggest that BTC is on its way to USD 140,000.

Spot Bitcoin ETFs saw net inflows of USD 2.9 billion in two weeks, reflecting previous surges.

The decrease in exchange balances and a growing Z-score of transaction volume suggest increasing overall demand.

It fell 1.4% in the last 24 hours. It was trading 6% below its all-time high of USD 109,000, reached on January 20. However, several fundamental, on-chain, and technical metrics suggest that Bitcoin's rally is not over.

Bitcoin ETF inflows reflect BTC's past surges.