Bitcoin momentum builds as ETF inflows grow, Ivan Liljeqvist notes

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Yaroslav Dmytrenko

2 hours ago

Bitcoin momentum builds as ETF inflows grow, Ivan Liljeqvist notes — Bitcoin set for bull run, ETF inflows grow

Ivan Liljeqvist outlines several key developments for Bitcoin and the broader crypto market, emphasizing an upcoming positive shift.

He points to the potential for rate cuts, a rotation from AI stocks, the ongoing four-year cycle, and increasing ETF inflows as contributing factors. Liljeqvist also highlights that crypto is positioned to outperform traditional stocks and draws attention to increased hiring activity in the sector, with Vanguard recruiting for crypto roles.

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Earlier this month, Liljeqvist described Bitcoin as being in a strong buy zone with the price holding near $62,600 despite a persistent bear trend and room for further declines, according to a recent analysis. He previously compared current price patterns to the 2022 market bottom and predicted that sideways action could end by the fourth quarter, leading to a bullish trend through 2027 in a separate forecast. These views set the stage for his latest outlook on improving sector momentum.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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