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Bitcoin Poised for New Highs Amid Strong Fund Flows

Eric Lui 0

Over the past two weeks, Bitcoin has consolidated around the $100,000 mark, but strong fund flows and bullish technical patterns suggest a potential breakout to new all-time highs. Investor interest in Bitcoin ETFs has surged since their U.S. launch in January, with cumulative inflows reaching $46.5 billion by December 11, reflecting robust confidence in the asset class. Notably, Bitcoin ETFs attracted nearly $9 billion in inflows after the cryptocurrency surpassed $95,000, reinforcing accumulation even at elevated price levels.

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