Bitcoin Holds $124,000, But Will $1 Billion ETF Inflows Signal Another Top?
Posted On October 7, 2025
After flipping $124,000 into support, Bitcoin (CRYPTO: BTC) faces its biggest question yet: can ETF demand rewrite the script on past inflow tops?
Bitcoin Turns $124,000 Wall Into New Launchpad
BTC New Support Level (Source: TradingView)
Technical Analysis: Bitcoin broke decisively above the $120,000–$124,000 ceiling, flipping a key resistance into support.
Daily candles now close above the 20, 50, and 100-day exponential moving averages, stacked between $113,000 and $118,000.
The 200-day EMA at $107,500 remains a long-term safeguard, but traders see the $124,000 level as the line that will decide whether momentum extends toward $145,000.
ETF Inflows Hit $1.2 Billion As Wall Street Piles In
ETF …
About The Author
