Crypto Analyst Reveals Expected Monthly Increase Amount in Bitcoin Price!

2025-01-26 21:13:41

Abstract generation in progress

Cryptocurrency analyst Timothy Peterson summarized the developments he expects in the price of Bitcoin this month and in the following months in his statement.

The analyst reminded that the fund flows in Bitcoin Spot ETFs reached an all-time high this week, exceeding 40 billion dollars. Bitcoin Spot ETFs traded in the US experienced a sudden rise last week after a month of stagnation.

According to the analyst, the investment amount in Bitcoin ETFs has doubled since October. On average, there is a monthly inflow of 5 billion dollars.

The analyst stated that if the entry rate into the funds continues, he expects the Bitcoin price to increase by an average of $10,000 to $15,000 monthly. However, it is still unknown whether the entry rate will continue at this level.

BTC is trading at $104,932 at the time of writing this article and has gained 11% in value in the last month.

BTC-0.9%

KT-0.69%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

4 Likes