Bitcoin Eyes New All-Time High as Analyst Sets $170K Target

Published at 2025-11-13 20:09:13

US-listed spot Bitcoin ETFs posted a $520 million inflow on Tuesday, a sharp change after a $1.15 million inflow the day before and a recent week that saw $1.22 billion in withdrawals. Market watchers say that swing is significant because ETF inflows have in the past helped drive large price rallies; one analyst now pegs a $170,000 target, putting a fresh all-time high back in view.

Traders are watching whether the flows persist — a one-day move can reverse, but sustained demand into ETFs would likely tighten spot liquidity and amplify upside for BTC while supporting correlated altcoins. The development highlights ETFs' growing influence on price dynamics and keeps investor appetite front and center for near-term direction amid broader macro and liquidity uncertainties.

Share on:

Related news

STRC Stock Signals 1,000 BTC Buy in Biggest One‑Day Issuance Since July

STRC’s trading volume spiked after an issuance indicating an approximately 1,000 BTC purchase, the issuer's largest one-day move since July. The action points to aggressive accumulation from Strategy, the largest publicly traded bitcoin holder.

Published at 2026-03-04 11:15:47
Ex-OpenAI Researcher’s Hedge Fund Makes $5.52B Bitcoin Mining Bets

Leopold Aschenbrenner’s Situational Awareness LP disclosed $5.52 billion in equity exposure concentrated in power infrastructure, data centers and Bitcoin mining companies, an SEC filing shows. The rapid build-up in under a year signals rising institutional conviction in mining and related infrastructure.

Paraguay Turns 1,500 Seized Rigs Into State-Led Bitcoin Mining Program

Paraguay’s state utility ANDE will relaunch 1,500 confiscated Bitcoin mining rigs in partnership with Morphware, running them on surplus hydroelectric power under direct government supervision. The program aims to repurpose seized equipment and generate public revenue while testing a state-run mining model.

Published at 2026-03-04 09:00:16
U.S. Executes First 2026 Bitcoin Transfer From Government Wallet Amid Iran Crisis

On March 3, 2026, U.S. federal authorities moved a small amount of Bitcoin from a government-controlled wallet, the first blockchain-recorded Bitcoin transaction by the U.S. this year. The transfer was logged on-chain amid heightened tensions around Iran.

Published at 2026-03-04 07:30:13
Core Scientific to Sell Most of 2,500 BTC to Fund AI Data Centers

Core Scientific plans to sell most of its 2,500 BTC in Q1 2026 to boost liquidity and finance AI-focused data center buildouts. The move underscores a broader industry shift as public bitcoin miners pivot toward high-performance computing.

Published at 2026-03-04 06:45:13