Bitcoin sells off, but BTC derivatives data points to $150K by year’s end


Bitcoin sells off, but BTC derivatives data points to 0K by year’s end


Bitcoin’s rally was fueled by record ETF inflows, tightening exchange supply, and robust derivatives activity, highlighting institutional demand and room for further upside.

Key takeaways:

Over $3.5 billion in weekly ETF inflows and a 5-year low in exchange balances highlight renewed institutional confidence in Bitcoin.

Healthy futures open interest and continuous BTC adoption suggest that traders expect Bitcoin to challenge $150,000 soon.

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