Bitcoin Volume Points to Potential Surge Above $131,000

New data suggests Bitcoin could break through the $131,000 mark. Key indicators, including increased volume and institutional ETF inflows, point towards this potential rise. While no direct statements from industry leaders have emerged yet, on-chain analysis by CryptoQuant analyst ELI5 reveals significant bullish signals. 📈 Their findings suggest Bitcoin’s price could surge past $110,000 due to high trading volumes and the influx of institutional investors through ETFs like those launched by BlackRock and Grayscale. These inflows are critical in strengthening Bitcoin’s overall market stability while promising long-term growth for investors. 💰