The Bitcoin ETFs recorded one of their strongest single-day inflows on record last week. That surge didn’t just help push Bitcoin to a new all-time high, it also triggered a shift in ETF flows from a neutral regime to a strong inflows regime. Historically, that regime correlates with positive daily returns and tends to persist for several days, sometimes a full trading week. That gives the current rally a strong base of support.

This isn’t just a short squeeze. Multiple tailwinds (macro momentum, ETF demand, and breakout behaviour) are driving this move. If they hold, Bitcoin could climb into the $125K–$135K range in the near term. Follow @ecoinometrics for data-driven Bitcoin and macro insights.