Analysts at Cooper Research project significant upside potential for Bitcoin, forecasting a potential price of $140,000 by September and $150,000 around early October. This bullish outlook is primarily attributed to sustained and substantial inflows into spot Bitcoin Exchange-Traded Funds (ETFs), which have recently exceeded $2 billion.
Cooper Research highlights a strong quantitative link between spot ETF activity and Bitcoin’s price appreciation. Their analysis indicates that adding approximately 10,000 Bitcoins to ETF holdings correlates with an estimated 1.8% increase in the cryptocurrency’s price.
Heightened macroeconomic uncertainty is identified as a key driver, increasing investor appetite for Bitcoin as a non-traditional asset class. The continued growth in spot Bitcoin ETFs signals this rising institutional interest within mainstream financial markets.
The increasing institutional participation, facilitated by these ETFs, is expected to contribute to a gradual stabilization in Bitcoin’s price movements. This reduced volatility, Cooper Research suggests, could support longer-term adoption and integration of the asset.
Investors are advised to closely monitor ongoing spot Bitcoin ETF inflow patterns alongside broader macroeconomic indicators, particularly policy decisions from the Federal Reserve, for critical signals regarding Bitcoin’s future price trajectory.