Recent trends suggest Bitcoin may rally to $138,000, with a price surge to $123,100 recorded following a strong weekly close at $119,310.
The current Net Asset Value premium for short-term Bitcoin holders is at 16%, indicating moderate interest, well below FOMO levels.
With significant inflows of $1.18 billion into Bitcoin ETFs, the market is showing signs of sustained buying pressure, which may lead to continued upward movement.
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