Bitcoin remains at $105,000, while HYPE, AAVE, BCH, and OKB aim to drive altcoins higher
Bitcoin is trading above $105,000, even with the looming threat of war in the Middle East. HYPE, BCH, AAVE, and OKB could also see gains if BTC maintains its current range.
Key points:
A week of strong inflows into spot Bitcoin ETFs improves the outlook for a rise towards $110,000.
HYPE, BCH, AAVE, and OKB could increase if Bitcoin stays above $105,000.
Bitcoin BTC91,489 € is forming a Doji candle pattern on the weekly chart, indicating indecision between buyers and sellers. Despite short-term uncertainty, analysts remain optimistic about Bitcoin's prospects in 2025 and expect a surge of $140,000 to $270,000.
Another positive sign is that the geopolitical turmoil caused by the conflict between Israel and Iran has not created panic among investors. According to data from Farside Investors, U.S.-based spot Bitcoin ETFs recorded inflows of $86.3 million on Thursday and $301.7 million on Friday, bringing the total weekly inflows to $1.37 billion.
