Spot Bitcoin ETFs Record $1.08B In 4-Day Volume: Fueling Price Momentum

Bitcoin is holding strong above the $120,000 level, reinforcing bullish sentiment after a series of volatile ￰0￱ market now turns its focus to the $125,000 mark, which analysts describe as a critical resistance zone. A decisive break above it could open the door to fresh all-time highs, but for now, traders remain cautious as this level has historically attracted strong selling ￰1￱ the looming resistance, optimism is growing among bullish analysts who see room for continuation in the current ￰2￱ argument is supported by renewed institutional interest and robust inflows into Bitcoin investment ￰3￱ analyst Maartunn recently shared insights pointing to a key driver of this momentum: Spot Bitcoin ￰4￱ to Maartunn, these ETFs have generated high trading volumes over the past several days, providing a steady stream of demand that is pushing prices higher in ￰5￱ collective effect underscores how institutional vehicles are playing an increasingly central role in shaping Bitcoin’s price ￰6￱ ETF Volume Surges as Bitcoin Faces Uncertain Maartun has highlighted fresh data showing that Spot Bitcoin ETFs have processed $1.08 billion in trading volume over the last four days, adding fuel to Bitcoin’s latest push above the $120,000 ￰7￱ volume surge supports Maartun’s view that ETFs are playing a central role in sustaining Bitcoin’s bullish momentum, providing consistent inflows that are keeping demand ￰8￱ his analysis, such strong institutional participation reflects growing confidence in Bitcoin as an asset class, especially as it continues to gain traction among US investors.

However, the picture isn’t entirely ￰9￱ coming days promise to bring heightened volatility, with macroeconomic uncertainty weighing heavily on risk ￰10￱ financial conditions—driven by persistent inflation concerns and cautious Federal Reserve policy—have already begun to limit liquidity across ￰11￱ top of that, the looming threat of a US government shutdown injects an additional layer of instability. Historically, events of this nature have impacted investor confidence, creating sharp swings in both equities and ￰12￱ this backdrop, Bitcoin finds itself at a critical ￰13￱ ETF-driven demand continues, BTC could decisively break higher, targeting fresh all-time highs beyond $125,000.

On the other hand, should macro pressures intensify and liquidity dry up, Bitcoin could face a sharp correction, potentially marking the beginning of a more prolonged bearish ￰14￱ Price Analysis: Testing $120K Level Bitcoin is holding above $120,000, a level that has quickly become a focal point for both bulls and ￰15￱ chart shows BTC reclaiming momentum after bouncing strongly from the $112,000–$113,000 zone last week, where the 100-day moving average provided key ￰16￱ decisive break above $117,500 resistance marked the start of this rally, and BTC has now pushed into the $120K region, a level that previously acted as heavy resistance in August.

Short-term momentum looks bullish, as the daily candles show a sequence of higher lows and strong buying ￰17￱ 50-day moving average has turned upward, aligning with the broader bullish structure. However, BTC now faces the challenge of consolidating above $120K to target the $122,500–$125,000 zone, which analysts view as the next critical resistance before new all-time ￰18￱ the downside, $117,500 now acts as a strong support ￰19￱ Bitcoin fails to sustain above $120K, a retest of this zone would not necessarily break the bullish structure but could extend ￰20￱ image from ChatGPT, chart from ￰21￱