Bitcoin targets $125,000, ETF inflows boost bullish momentum

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Institutional demand drives Bitcoin stronger, with rebound target pointing to record highs

Bitcoin continues to strengthen its upward trajectory, thanks to surging institutional demand and a recovery in trading activity. Despite some signs of cooling momentum, the recent surge in Bitcoin exchange-traded fund (ETF) inflows and the recovery of market sentiment have injected optimism into the continuation of the current bull market.

Rebound target setting in the context of institutional demand

In the latest monitoring, the trading price of Bitcoin was US$79,310.83, up 1.10% in 24 hours. The total transaction volume reached US$48.11 billion and the market value was US$1.59 trillion, demonstrating its status as the most valuable cryptocurrency.

Crypto analyst Wealthmanager pointed out that Bitcoin has gained defense twice near the US$61,000 support level in the past, laying a solid foundation for further gains. After this confirmation, Bitcoin broke through the US$80,000 mark and returned to the broader upward channel. Analysts believe that if buyers can decisively control the situation in the $80,000 to $81,000 range, prices are expected to hit the next major resistance level near $97,000.

According to Wealthmanager's outlook, breaking the US$97,000 barrier with strong momentum will pave the way to the previous all-time high close to US$125,000. Wealthmanager emphasized: "Bitcoin has regained its broader bullish structure after holding on to the $61,000 zone; once it effectively breaks through resistance, the path to $125,000 will be opened." Long-term charts continue to show signs of accumulation, which usually precede major uptrends in the cryptocurrency market.

Indicators show short-term pause, but increased activity

Technical analysis on TradingView shows that Bitcoin rebounded sharply after hitting a July low of about US$58,000, then stabilized around US$64,000 and pushed above US$81,400 in recent trading. Currently, prices are pulling back slightly near a key psychological barrier, indicating buyers are testing the area of resistance.

The momentum indicator signals a possible pause. The Relative Strength Index (RSI) fell to 67.61 from 74 in the overbought zone, and the Smoothing Similarity Moving Average (MACD) histogram turned negative to-32.75. Although long-term trends are positive, such signals often imply short-term consolidation. The MACD line shows signs of a potential bearish crossing that could lead to a temporary pullback. Even so, overall sentiment remains bullish, reflecting the broader market structure.

The latest data from Coinglass highlighted increased market participation, with Bitcoin trading volume surging 82.98% to US$109.11 billion. Open interest also climbed 1.52% to $55.59 billion, highlighting increased trader participation.

Indicators Previous period values Current value Range of change BTC Trading Volume US$59.63 billion US$109.11 billion +82.98% Open interest $54.77 billion $55.59 billion +1.52% [TAG

ETF inflows highlight strong institutional interest

Platform Wu Blockchain reported that spot bitcoin ETFs recorded a net inflow of $731 million on September 3, largely due to increased interest from institutional investors. BlackRock's iShares Bitcoin Trust (IBIT) led the sector, attracting net inflows of $454 million, reflecting continued appetite among large investors for regulated bitcoin products.

The Ethereum Spot ETF also attracted new funds. During this period, total net inflows based on Ethereum funds reached US$141 million. BlackRock's ETHA ETF contributed the most, with a total net investment of US$72.07 million. These inflows indicate that institutions 'sentiment towards the two major cryptocurrencies remains positive.

The future trend of Bitcoin may depend on whether buyers can maintain momentum and break through higher resistance levels. Continued interest could trigger additional breakthroughs, while fading enthusiasm could delay the next wave of gains or trigger short-term consolidation. BlackRock's IBIT sets the pace in Bitcoin ETF inflows, confirming the continued institutional preference for accessing Bitcoin through traditional financial products.