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Analysis: ETF Could Push Bitcoin Price to $150,000 in October with Every 10,000 BTC Increase
Summary: In a breaking news report, research firm Cooper Research released a report indicating that as a large amount of funds flow into Bitcoin exchange-traded funds (ETFs), a price surge in Bitcoin seems inevitable. Data shows that for every 10,000 BTC increase in ETF holdings, the average price of Bitcoin could rise by 1.8%. Analysts point ...
In a breaking news report, research firm Cooper Research released a report indicating that as a large amount of funds flow into Bitcoin exchange-traded funds (ETFs), a price surge in Bitcoin seems inevitable. Data shows that for every 10,000 BTC increase in ETF holdings, the average price of Bitcoin could rise by 1.8%. Analysts point out that based on a series of data indicators, Bitcoin appears to be ready for another significant surge. The leverage-driven market frenzy is gradually fading, and the price trend of Bitcoin may take a more moderate path, with a projected increase to $140,000 in September and potentially reaching $150,000 as early as October. (Source: Decrypt)
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Link: Analysis: ETF Could Push Bitcoin Price to $150,000 in October with Every 10,000 BTC Increase [Copy]
