Key Notes

Spot Bitcoin ETFs recorded $3.2 billion in inflows last week, aiding the Bitcoin price rally.

Analysts such as Michael van de Poppe expect a brief correction below $121,500 before Bitcoin resumes its upward move.

Institutional activity and macro factors continue to guide price action, as analysts see a rally to $150,000 by year-end.

Bitcoin BTC $124 126 24h volatility: 0.9% Market cap: $2.47 T Vol. 24h: $51.56 B price has shown major strength, hitting the highs of $125,559, coinciding with the 5% upside in Japan’s Nikkei 225 Index, on Oct. 6. This rally comes as Japan’s newly elected Prime Minister Takaichi Sanae has expressed support for a return to the pro-stimulus “Abenomics” strategy.

Originally introduced by former Prime Minister Shinzo Abe

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