Cooper Research suggests that Bitcoin could surge to 150,000 USD by early October. The predicted price for September stands at around 140,000 USD, driven by significant inflows into Bitcoin ETFs.
Economic uncertainties are leading investors towards cryptocurrencies like Bitcoin. With over 2 billion USD inflows to U.S. Bitcoin ETFs just this week, the market shows signs of momentum.
Historical data indicates Bitcoin typically rallies approximately 1.8% for every 10,000 BTC added to ETF holdings. This trend highlights the potential for substantial price increases in the near future.
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