On the more extreme end, Ark Invest’s Cathie Wood reiterated her long-term projection of $1 million per BTC by 2030 but also hinted that this cycle could test $200,000 if ETF inflows maintain their current pace. $EPIC
According to Farside Investors, U.S. spot Bitcoin ETFs saw over $13.1 billion in net inflows since launch in January, with BlackRock’s IBIT leading the pack at over $4.8 billion. These sustained inflows, averaging more than $250 million per week – provide a robust floor for BTC and may continue fueling upside momentum.$PENGU
Moreover, Ki Young Ju – CEO CryptoQuant remains cautiously optimistic about Bitcoin’s outlook. He noted that while the market is currently “slow in digesting new liquidity,” the recent price movements suggest strong bullish momentum, largely driven by significant ETF inflows and easing selling pressure. However, he also emphasized that market signals remain mixed, with no clear indication yet of whether a profit-taking phase has firmly begun or not. #NewsAboutCrypto
Technical Analysis: Price Structure Suggests $120K–$140K as Next Targets