Bitcoin Hits $107.4K as Institutional Demand Grows, All-Time High in Sight
ETF Inflows, Corporate Buys, and Regulatory Momentum Fuel Bitcoin's Push Toward $112K | That's TradingNEWS
Bitcoin (BTC-USD) Approaches New All-Time High Amid ETF Inflows, Institutional Accumulation, and Policy Shifts
BTC-USD Recovers to $107,400, Just 4% Below May's Record
Bitcoin (BTC-USD) extended its rebound, rising to $107,400 on Thursday, up nearly 3.54% from its seven-day low of $98,560. With this move, BTC is only 4% below its all-time high of $111,980, last reached on May 22. The surge was supported by sustained ETF inflows, easing geopolitical tensions, and bullish technical signals, including RSI at 56 and a fresh MACD crossover.
ETF Inflows Surge Past $547 Million, Fueling Uptrend
U.S.-listed spot Bitcoin ETFs reported $547 million in inflows on Wednesday, pushing the 12-day streak total to $1.49 billion. This is the highest since late May, when BTC set its all-time high. BlackRock’s IBIT alone saw 16 consecutive days of inflows and now manages over $51.6 billion. With this level of institutional interest, Bitcoin's float continues to shrink, further supporting price resilience.
Metaplanet and ProCap Expand Treasury Holdings
Corporate treasury adoption surged this week. Japan’s Metaplanet acquired 1,234 BTC on Thursday after buying 1,111 BTC earlier in the week, bringing its total to 12,345 BTC, worth approximately $1.33 billion. Anthony Pompliano’s ProCap also accumulated 1,208 BTC, now holding 4,932 BTC. In total, corporate entities added 7,597 BTC in the last four days, equivalent to nearly $820 million at current prices.
Pulte's Directive Could Reshape U.S. Housing Market
In a landmark move, FHFA Director William Pulte ordered Fannie Mae and Freddie Mac to begin integrating crypto into mortgage asset eligibility. The directive, aligned with President Trump’s broader vision of making the U.S. a crypto-first economy, could expand homeownership access and legitimize BTC in traditional finance.
June 27 Bitcoin Options Expiry May Trigger Volatility
Deribit data shows 139,767 Bitcoin options—80,351 calls and 59,416 puts—expiring Friday, with a max pain price of $102,000. As BTC trades above $107,000, the imbalance favors bulls. The put/call ratio stands at 0.74. If BTC holds this level, dealers may be forced to hedge, possibly igniting a short-term gamma squeeze.
Technical View: BTC Holds 20- and 50-Day EMAs
On the daily chart, BTC maintains support above the 20-day EMA ($104,481) and the 50-day EMA ($102,974), with the 100-day EMA at $99,225 providing deeper support. Resistance remains at $110,500 and $112,000. A sustained breakout above those levels could open a path to $120,000.
Macro Tailwinds: Ceasefire, Liquidity, and ETF Narrative
Middle East tensions de-escalated after the U.S. intervened diplomatically between Iran and Israel, removing a key risk premium. Global M2 liquidity continues to rise, and BlackRock’s ETF inflows have proven insensitive to political risk, solidifying BTC’s safe-haven narrative. Texas and other U.S. states are also ramping up BTC reserves, institutionalizing demand further.
Long-Term Outlook: Satoshi Miners Holding, Cycle Top Still Distant
Notably, Satoshi-era miners have refrained from selling during the latest rally. Unlike previous cycles, early adopters are holding, signaling confidence in BTC surpassing even $150,000 in 2025. The MVRV ratio also suggests BTC remains well below peak euphoria, giving room for upside.
Cycle Projection: BTC Could Reach $170,000 by Q1 2026
Based on liquidity trends and ETF momentum, BTC could break above $120,000 in Q3 and target $135,000–$150,000 by year-end. A $170,000 price point by early 2026 aligns with historical correlations to global M2 expansion. Analyst estimates across leading desks project a 30–60% rise from current levels.
BTC Bull Token Tied to Price Milestones
A speculative layer has formed with BTCBULL, a meme token that offers Bitcoin airdrops and token burns tied to BTC reaching $125K and $150K milestones. Its $8M presale signals rising retail FOMO in beta assets.
Verdict: BTC-USD Remains Bullish, Buy Dips Above $100K
BTC-USD remains structurally bullish above the $100,000 level. As long as price holds above the 100-day EMA and ETF flows persist, Bitcoin is poised to retest $112K and potentially break to $120K in the near term. Volatility expected post-options expiry. Traders should watch support zones at $103,000 and $99,000, while long-term investors may accumulate ahead of potential Q3 breakout.
