Bitcoin price holds above $100K for 7 days as ETF inflows reach $400B and US recession fears fade, boosting bullish outlook
Bitcoin price forecast remains bullish as BTC stabilizes above $103K, fueled by rising institutional ETF inflows and easing US recession fears.
Bitcoin (BTC) as market watchers downplay US recession expectations
Bitcoin traded at $102,500 on Thursday, consolidating within a narrow range of 0.5% between $101,769 and $103,810, according to CoinGecko data.
Notably, the price of BTC has now closed above the $100,000 level for the first time since January for seven consecutive days.
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This stable momentum is supported by institutional investors who maintain a bullish stance on $BTC despite global macro uncertainty.
The rally coincided with easing US recession fears, as major players including JPMorgan dropped their forecasts following a surprise trade truce between the US and China earlier this week.
The alignment of Bitcoin's resilient market performance with changing macro sentiment and rising ETF demand has helped establish a stable support cluster above the $100,000 market this week.
US ETF markets target $400B inflows by 2025, fueled by corporate demand for Bitcoin
The US ETF market has now surpassed $400 billion in annualized volume, marking an average daily inflow of $4.4 billion, according to Bloomberg. Eric Balchunas said the market is on track to repeat or exceed last year's $1 trillion milestone.
Amid relatively flat equity markets in 2025, this increase reflects strong interest in ETF structures, particularly bitcoin exposure.
This momentum has spilled over into the crypto space. Spot bitcoin ETFs recorded net inflows of $319.5 million on Wednesday, May 14, a sharp rebound from Tuesday's outflow of $91.4 million, according to Foreside data.
BlackRock's iShares Bitcoin Trust (IBIT) led the rise with inflows of $232.9 million, followed by Fidelity's FBTC at $36.1 million and Ark's ARKB at $5.2 million.
With spot bitcoin ETFs now close to $15 billion in assets under management with a 40 percent market share of more than $41.3 billion in BTC and IBIT, institutional appetite has not waned.
Looking ahead, the U.S. Securities and Exchange Commission is expected to announce decisions on a number of altcoin ETF applications by June 16.
If the current pace of ETF inflows continues, and the estimated $1 trillion mark is breached, analysts expect both Bitcoin and selected altcoins to be driven to new all-time highs.
Bitcoin Price Forecast Today: Bullish Above $103K Remains, Targeting $106K–$108K Zone
Bitcoin continues to consolidate just above $103,500, a level that reflects a resilient uptrend structure despite a slight decline in buying volume.
Today's Bitcoin price forecast indicators remain constructively bullish, especially when the price is supported by the mid-range Donchin channel at $99,309 and the parabolic SAR at $98,705, reinforcing the bullish continuation setup.
This base of support, placed above the lower Donchin band at $92,800, establishes a strong void zone for the bulls while allowing room to the upside to remain the dominant threat.
Bitcoin price forecast remains bullish today as long as $101,000 holds, with a technical target around $106,000–$108,000, in line with a potential breakout from this compression range.
The recent stalling just below the boundary of the upper Donchen channel at $105,819 indicates short-term exhaustion but not a structural breakdown. This stability, occurring at low volumes, is more indicative of aggregation than distribution.
The Klinger Oscillator, moving away from the price, can signal the end of the bullish momentum for the short term.
However, it remains above the 0 line and above the signal average, preserving the long-term uptrend potential.
Unless the indicator breaks decisively below its moving average with confirmation of negative volume, the current divergence is not enough to reverse the broader outlook bearish.
On the downside, a bullish break below $98,700 could nullify the $110,000 breakout projection.
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