CoinVoice has recently learned, according to a report by Decrypt, that research company Cooper Research released a report indicating that as a large influx of investor funds flows into Bitcoin exchange-traded funds, the rise in Bitcoin prices seems inevitable.

Data shows that for every additional 10,000 BTC held in ETFs, the price of Bitcoin can average increase by 1.8%. Analysts point out that from a series of data indicators, Bitcoin appears ready for another significant rise, as leverage-driven market euphoria gradually fades. The price trend for Bitcoin may follow a more moderate path, with expectations of reaching $140,000 in September, and possibly rising to $150,000 as early as the beginning of October. [Original link]