Bitcoin: Record Q4 ETF Inflows Predicted Amid Bullish Market Trends

Bitcoin continues to defy expectations, exceeding $126,000 in recent days despite remaining far from overbought levels. This bullish momentum is fueled by strong ETF inflows, driven by institutions looking for safe haven assets amidst a weakening U.S. dollar. Bitwise CIO Matt Hougan predicts record-breaking Q4 ETF inflows, attributing this to rising price and mainstream acceptance of Bitcoin, alongside favorable market conditions.