ETF tsunami builds behind Bitcoin’s consolidation calm
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Bitcoin Price and ETF Inflows: Bitcoin is currently consolidating around $118,200, having seen a significant increase of over 58% from its lowest point this year, while ETF inflows have surged for six consecutive weeks, totaling over $2.3 billion this week.
Market Trends and Technical Analysis: The price has formed a bullish pennant pattern, indicating potential for further gains, with analysts suggesting that a breakout above the all-time high of $123,000 could lead to prices reaching $125,000, supported by strong demand from Wall Street investors.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






