Bitcoin Above $120K Could Be Driven by $2.25B in ETF Inflows and Macro Uncertainty

Bitcoin surge past $120k is driven by heavy BTC ETF inflows, macro uncertainty and short-term rotation into risk ￰0￱ institutional buying—over $2.25 billion into BTC ETFs—combined with measured realized profits supports the case that $120k may act as a near-term ￰1￱ ETF inflows topped $2.25B in four days, lifting Bitcoin prices. Macro-driven risk rotation and a sidelined jobs report accelerated buying in ￰2￱ momentum exists but BTC dominance (58%) and ETH/BTC weakness keep Bitcoin in the ￰3￱ surge past $120k: BTC ETF inflows and macro uncertainty fuel upside — read the market update and what traders should watch ￰4￱ is driving Bitcoin’s surge past $120k?

Bitcoin surge is driven primarily by large BTC ETF inflows, macro uncertainty and rotation into risk ￰5￱ purchases—led by notable ETF sessions—have pushed BTC above $120k while realized profit-taking remains measured, supporting continued upside in the near ￰6￱ large are ETF inflows and why do they matter? Over the last four days, BTC ETF inflows exceeded $2.25 billion, with BlackRock’s IBIT reporting a single-session contribution of $466.55 ￰7￱ flows signal rising institutional confidence and increase demand pressure on Bitcoin’s supply, which often precedes extended bullish ￰8￱ Asked Questions Is $120k a sustainable floor for Bitcoin? Measured realized profits (~$3.7B) versus mid-July peaks (~$6B) imply disciplined selling, not ￰9￱ with ETF inflows and two higher lows formed on BTC charts, $120k can act as a near-term support while monitoring macro ￰10￱ altcoins keeping up with Bitcoin’s rally?

Altcoins show momentum: BNB hit a new ATH at $1,112 and the Altcoin Season Index bounced from ￰11￱ Bitcoin dominance remains ~58% and the ETH/BTC ratio is under pressure, indicating the market’s leadership still favors BTC for ￰12￱ inflows fuel Bitcoin’s Uptober momentum Bitcoin ETFs recorded sizable inflows over multiple sessions, totaling more than $2.25 billion in four ￰13￱ activity has concentrated on BTC, increasing demand and helping lift prices past $120k. Data snapshot: Farside Investors reported the ETF inflows; IBIT alone added $466.55 million in a single ￰14￱ ETFs meanwhile saw approximately $1.06 billion, reinforcing a roughly 2x institutional preference for BTC over ETH during this window.) Technical and on-chain signals Realized profits during the latest leg up totaled about $3.7 billion, well below the $6 billion peak seen in ￰15￱ differential suggests profit-taking is controlled rather than panic-driven, which supports the sustainability of ￰16￱ ETH/BTC ratio is down 0.08% intraday and remains below the 0.040 resistance, while BTC dominance sits around 58%.

Those metrics reinforce the narrative that money is currently flowing into Bitcoin ahead of many altcoins.) History in the making? Do BTC charts mirror 2017? Market structure shows two higher lows—the latest at ~$108k—followed by a bounce to $120k. By comparison, 2017 saw a similar multi-leg advance into Q4 that produced a parabolic ￰17￱ history is not destiny, comparable technical setups and strong ETF demand make a Q4 acceleration plausible.) (plain text) Key Takeaways Institutional demand : BTC ETF inflows topped $2.25B, pushing prices ￰18￱ selling : Realized profits (~$3.7B) are below prior peaks, indicating balanced ￰19￱ structure : Two higher lows and sustained BTC dominance make $120k a potential short-term ￰20￱ Bitcoin’s surge past $120k is rooted in strong BTC ETF inflows, macro-driven risk rotation and disciplined ￰21￱ altcoins show pockets of strength, BTC dominance and institutional flows position Bitcoin as the primary market ￰22￱ ETF flows, BTC.

D and ETH/BTC for confirmation of the next leg higher. , "description": "Bitcoin surge past $120k: BTC ETF inflows and macro uncertainty fuel upside; institutional demand and measured profit-taking support $120k as near-term support."