Bitcoin’s price hovers between $112,000 and $117,000 as it tests support levels amid growing ETF-driven capital inflows, with analysts predicting potential increases by year-end.
This testing has investors assessing implications for upcoming price movements, influenced by historical precedents and current institutional forecasts indicating potential long-term growth.
Bitcoin is testing its support levels of $112,000–$117,000 amidst high ETF inflows. Despite a recent 1.3% price drop, analysts expect further bullish outcomes by year-end.
Bitcoin trading remains resilient, with capital flows supporting a bullish stance but indicating a possible short-term consolidation.
Bitcoin Faces $112,000 Support Amidst Rising ETF Inflows
John Glover of Ledn forecasts Bitcoin reaching $135,000-$140,000 by year-end, while ETF assets surged to $162B. The market is influenced by these institutional movements.
Institutional Inflows Continue to Propel Bitcoin’s Bullish Stance
Markus Thielen cites muted price impacts despite corporate inflows. Bitcoin trading remains resilient, with capital flows supporting a bullish stance but indicating a possible short-term consolidation.
On-chain data highlights a slowdown in 30-day capital inflows, suggesting potential consolidation. However, ETF inflows reveal continued institutional interest, contributing to long-term market dynamics.
Post-Halving Trends Point to Potential Price Surge
Previous support tests have occurred in post-halving years, leading to price rises. Analysts predict similar patterns this year, supported by past on-chain data.
Expert analysis from Kanalcoin highlights expected trends based on current ETF, on-chain, and historical data. Given these, Bitcoin could hit new highs before entering a bear market in 2026.
John Glover, CIO, Ledn, – “Firmly caught in the summer doldrums, the BTC price continues to follow the expected trajectory and will soon complete the 5-wave move depicted… All to say, we’re still on target to hit $135,000–$140,000 by the end of 2025.”
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