Analysts Predict Bitcoin to Soar to $150K in Its Next Surge

Jimmy Aki
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On October 5, analyst CrediBULL Crypto said Bitcoin’s new all-time high of $125,700 shows strong upward momentum, marking the start of a fresh growth phase. He noted that while the trend remains positive, a short dip to the $108,000- $118,000 range could happen before the next move toward $150,000.

A Dip to the $108K-$118K Zone Could Turn Out to Be a “Blessing”

CrediBULL explained that Bitcoin’s uptrend will stay intact as long as it holds above the key support at $108,400.

He described this level as the base of the current move, adding that it plays an important role in keeping the market structure strong.

The reasoning behind this potential dip lies in market behavior. The green demand zone, between $108K and $118K, represents a strong support area. Traders who sold or shorted Bitcoin during the previous move down into this range are now at a loss.

When price revisits this zone, these traders may rush to close shorts or rebuy positions, creating a surge in buying activity.

This is why CrediBULL considers a pullback here a “blessing.” It strengthens Bitcoin’s base while offering a prime entry point for buyers before the next leg up toward $150K.

Other analysts share a similar outlook. Crypto Chase noted that any pullback is likely to be minor. He explained that Bitcoin appears strong enough that dips will mainly flush late longs and stop-loss orders, rather than trigger a larger decline.

Small retracements prepare the market for smoother upward movement without giving easy entry to sidelined investors.

In the early hours of today, whale trader James Wynn added another perspective. He believes Bitcoin is entering price discovery mode, following a period of suppression.

Gold and stocks have drawn most of the market’s focus in recent months, but Wynn believes that is about to change. He said Bitcoin is stepping back into the spotlight and could post strong gains as investors return to it.

Analysts share a similar view. They think the current momentum could drive another big move upward.

Even if Bitcoin slips into the $108K-$118K range, the drop will likely be brief and may even help the market build strength for future gains.

Are Massive Bitcoin ETF Inflows Driving the Price Moonshot?

On October 5, Bitcoin reached a new all-time high in the $125K range, sparking questions about what is driving this rapid ascent. Analysts point to Bitcoin ETFs as a major factor behind the surge.

Venture capital investor Will Clemente explained that the recent spike in Bitcoin wasn’t primarily due to corporate treasuries or derivatives trading.

Instead, it reflects strong demand from Bitcoin ETFs, which are increasingly seen as a rotation from commodities and small-cap equities.

The trend is evident in U.S. markets, where spot Bitcoin ETFs recorded $3.3 billion in inflows last week alone.

Investors seeking safe-haven assets amid uncertainty from a U.S. government shutdown and paused crypto ETF approvals are turning to Bitcoin ETFs.

Experts, including Bloomberg’s Eric Balchunas and The ETF Institute’s Nate Geraci, emphasized the sheer scale of these inflows. Geraci described the week as the second-best ever, with total net inflows since launch surpassing $60 billion.

These massive inflows are reflected in Bitcoin’s current trading level of $123,429, marking a 10.34% rise over the past week. Analysts predict that if ETF-driven momentum continues, the BTC price could record a dramatic surge in the days ahead.

Moreso, the combination of strong technical setups, minor pullbacks, and record ETF inflows points to a market ready for continued growth.

About Jimmy Aki PRO INVESTOR

Based in the UK, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works.