Bitcoin (BTC), Bulk Funds Inflow for 9 Consecutive Days... Will it hit $100,000 in Q4?

▲ Bitcoin (BTC)

As funds continue to flow into Bitcoin (BTC) spot Exchange Traded Funds (ETFs) for 9 consecutive trading days, expectations are growing for a breakthrough to $100,000 in the fourth quarter, driven by institutional buying.

According to CoinGape, a cryptocurrency specialized media outlet, on September 30 (local time), Bitcoin spot ETFs recorded net inflows for 9 consecutive trading days, reconfirming strong institutional demand. With the accumulation intensity of long-term accumulation addresses reaching an all-time high, analysis suggests that continuous capital inflows through ETFs are effectively absorbing selling pressure in the circulating market.

Technical indicators also maintain bullish signals supporting further upside potential. On the daily chart, the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) remain in positive territory, indicating that buying momentum is alive. Experts pointed out that if the short-term resistance level around $83,000 to $85,000 is definitively overcome, a full-fledged rally could unfold past a supply vacuum zone.

On-chain data also reveals a firm accumulation trend among large holders. During short-term price correction phases, the movement of funds into long-term investor wallets accelerates, leading to a continuous locking up of circulating supply in the market. This, combined with sustained net inflows into ETFs from institutional investors, is strengthening downside support.

Market experts diagnosed that the sustained demand for ETFs, coupled with the seasonal bullish trend in Q4 amidst macroeconomic uncertainties, is a key variable. If the institutional buying trend, which has continued for 9 consecutive trading days, is maintained and key resistance levels are broken upwards, a major upward trajectory targeting $100,000 by Q4 2026 is expected to materialize.

[Article Key Summary]

-Bitcoin spot ETFs recorded net inflows for 9 consecutive trading days, raising expectations for a break above $100,000 in Q4.

-Key technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) supported the bullish trend.

-Accumulation by long-term holders combined with institutional capital inflows is strengthening downside support.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*