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October 8, 2025cryptonews logocryptonews

Bitcoin Price Prediction: $1.18B ETF Inflows Push BTC Toward $160K Rally

Bitcoin is trading near $122,030, down approximately 1.99% in the past 24 hours, but still maintaining strong momentum after breaking new ￰0￱ Bitcoin ETFs recorded $1.18 billion in inflows on Monday — the second-largest daily inflow since ￰1￱ surge in demand came as BTC touched a new all-time high near $126,000, reflecting renewed investor enthusiasm and institutional ￰2￱ far this month, inflows have totaled $3.47 billion in just the first four trading days of October, pushing total assets across ￰3￱ ETFs close to $60 billion. BlackRock’s iShares Bitcoin Trust (IBIT) led the inflows with $967 million, bringing its total holdings to approximately 783,767 BTC, valued at nearly $98.5 ￰4￱ spot #Bitcoin ETFs just recorded $3.2B inflows last week — the second-best week ￰5￱ Ethereum ETFs pulled in $1.3B.

Institutions are clearly not done ￰6￱ long before retail catches up? ￰7￱ — Crypto Tom (@e_coiny) October 6, 2025 Such sustained institutional demand reinforces BTC’s growing status as a legitimate investment vehicle, bridging the gap between traditional finance and digital ￰8￱ Rally Strengthens Long-Term Outlook As gold prices surpassed $4,000 per ounce, analysts at VanEck projected Bitcoin could eventually hit $644,000 if it captures even half of gold’s market value by the 2028 ￰9￱ comparison reflects a deepening belief that Bitcoin now functions as a digital version of gold — scarce, portable, and increasingly used as a hedge against ￰10￱ IN: $130 billion VanEck’s Matthew Sigel says, “ #Bitcoin should reach half of gold’s market cap after the next halving.” That’s “$644,000 per BTC” ￰11￱ — Bitcoin Magazine (@BitcoinMagazine) October 7, 2025 Rising tariffs, a weakening U.

S. dollar, and global uncertainty continue to drive capital into hard assets like gold and ￰12￱ younger investors, particularly in emerging markets, now view Bitcoin as the superior store of value, signaling a generational shift away from traditional safe ￰13￱ growing alignment between gold and Bitcoin suggests that as institutional adoption accelerates, both assets could rise in tandem, reinforcing BTC’s reputation as a digital counterpart to precious ￰14￱ Technical Analysis: Bullish Setup Holds On the technical front , Bitcoin remains in a strong uptrend despite short-term ￰15￱ action is supported by both the 50-day simple moving average (around $120,462) and the 100-day SMA ($116,215), confirming that the structure remains ￰16￱ Price Chart –) between $128,000 and $130,000, where temporary resistance may appear.

However, the Relative Strength Index (RSI) has cooled to around 48, suggesting healthy consolidation after prior overbought ￰17￱ Bitcoin maintains support above $121,700, it could retest $126,200 and move toward $130,000. A confirmed breakout above this range would invalidate the bearish setup and potentially open a path to $160,000 in the coming ￰18￱ $1.18B ETF inflows spark renewed momentum as BTC consolidates near $122K. Structure remains bullish with targets at $128K–$130K, and a breakout could open a path toward $160K. Institutional demand shows no signs of slowing. #BTC #Crypto ￰19￱ — Arslan Ali (@forex_arslan) October 8, 2025 Overall, Bitcoin’s price action points to strength, not ￰20￱ record ETF inflows, institutional participation, and macro tailwinds converging, BTC’s current consolidation may simply be the calm before its next major ￰21￱ Maxi Doge ($MAXI) Blends Meme Power With Gym-Bro Energy Maxi Doge ($MAXI) is a meme-fueled token designed for degens who thrive on 1000x leverage and relentless ￰22￱ than just a meme coin, $MAXI represents a community-driven culture that fuses trading intensity with gym-bro energy, caffeine, and competitive ￰23￱ holding $MAXI, investors unlock staking rewards, trading contests, and access to gamified partner ￰24￱ smart contract has been audited by SolidProof and Coinsult, giving added confidence in the project’s ￰25￱ is ￰26￱ presale has already raised over $2.8 million, with tokens priced at just $0.000261.

This figure will rise as the presale progresses, making early entry more attractive. $MAXI holders gain access to: Staking rewards with dynamic APYs Trading contests with leaderboard prizes Community-driven partner events and future integrations You can buy $MAXI on the official Maxi Doge website using ETH, BNB, USDT, USDC, or a bank ￰27￱ the Official Maxi Doge Website Here

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