Bitcoin Falls to New Highs but Bulls still Target $150K

Takeaways from the conference:

• The recent resurgence of institutional trust in Bitcoin is highlighted by the weekly ETF flows exceeding $3.5 billion and a five-year low for exchange balances.

• A healthy open futures market and the continued BTC adoption indicate that traders are expecting Bitcoin to surpass $150,000 very soon.

BitcoinBTCAfter a weekly increase of 12.5%, it was not surprising that the price fell by 4.2% on Tuesday. Bitcoin derivatives as well as institutional flows point towards further gains. Despite traders’ fears of a more severe pullback due to the uncertainty surrounding global economic prospects, they still indicate a possible increase in price.

Bitcoin monthly futures The premium is 8% compared with regular spot market prices, and the spread falls comfortably between 5% and 10%. During periods of high confidence, this spread can rise above 20%. This is due to the demand for bullish leveraged positions. In contrast, bearish markets usually pull the indicator below 5% or even into negative territory — clearly not the case now.

The lack of confidence of derivative traders might seem negative at first, but this actually lowers the likelihood of cascading liquidity if Bitcoin prices continue to drop. The data also strongly suggest that the rise in Bitcoin’s price after the crash was not a one-off. $109,000 retest On Sept. 26, real flows, not speculations, drove the market. The bulls will be more convinced the longer Bitcoin stays above $120,000.

Bitcoin market is boosted by institutional and corporate inflows

Bitcoin continues to be favored by institutions, confirming its status as digital gold. Regardless of when a new all-time high is reached, Bitcoin has already gained 31% year-to-date in 2025, far outpacing the S&P 500’s 14% increase. The net flows of listed Bitcoin products are a good indicator of institutional interest.

Total assets managed reached $195.2 Billion, thanks to the $3.55 billion weekly net flows into Bitcoin ETFs and exchange-traded Bitcoin products. This is a sign that institutional investment in Bitcoin has been growing. To compare, silver-backed listed instruments with market capitalizations similar to Bitcoin’s total around $40 billion.

Bitcoin investment companies BTC continues to be bought by companies like Strategy and Metaplanet as a safe-haven asset. Its status as a separate asset class is reinforced. OranjeBTC, a Brazilian company, began trading in the stock exchange on Tuesday. It had accumulated 3,675 BTC worth more than $445,000,000 at current market prices.

Bitcoin reserves have fallen to their lowest level in five years

Bitcoin exchange deposits have fallen to the lowest levels seen in more than five years. The drop indicates that there is a smaller supply of bitcoins available for sale immediately. Glassnode calculates that total balances on exchanges are 2.38 millions BTC. That’s down from the previous estimate of 2.99 million BTC. The declining exchange balances indicate that even if there are still large buyers who can access the supply via over-the counter (OTC), accumulation is continuing.

Reduced Bitcoin deposits and derivatives markets’ resilience  favor bullish momentum

Bitcoin futures’ open interest on major exchanges stands at $72 Billion, down by 2% but at a healthy level. Deep and liquid derivatives market Even when short positions are demanded, it is important to attract hedge funds from around the world.

Bitcoin’s upward momentum could be influenced by reduced risk of overvaluation on the stock exchange. Oracle (ORCL), a company that makes software for the Oracle database, saw its shares plummet on Tuesday. reports The company’s cloud-based server rental business was suffering from shrinking profit margins, especially in the Nvidia-based sector.

While a consolidation is possible in the short term, there are still bullish prospects due to continued institutional adoption and strength of Bitcoin derivatives. $150,000 or more by year-end.

This is intended as general information and not to be taken and should not be taken for legal or investment advice. This article is solely for informational purposes. It does not represent or reflect Cointelegraph’s views.