{"id":26302,"date":"2025-05-12T11:39:11","date_gmt":"2025-05-12T11:39:11","guid":{"rendered":"https:\/\/dogewisperer.com\/bitcoin-taps-105000-heres-when-it-could-hit-122000\/"},"modified":"2025-05-12T11:39:11","modified_gmt":"2025-05-12T11:39:11","slug":"bitcoin-taps-105000-heres-when-it-could-hit-122000","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26302","title":{"rendered":"Bitcoin Taps $105,000: Here&#8217;s When It Could Hit $122,000"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) rally to almost $106,000 may not yet be its peak, with technical models and macro flows aligning to support a near-term price target of $122,000, <a href=\"https:\/\/www.benzinga.com\/money\/bitcoin-price-prediction\">according to a report<\/a>.<\/p>\n<p>The move follows a well-defined breakout above the $84,500 level in mid-April and has been reinforced by strong spot buying and expanding institutional interest, according to a market update from May 12.<\/p>\n<p><strong>What Happened: <\/strong>This week&#8217;s <a href=\"https:\/\/blog.coinshares.com\/volume-233-digital-asset-fund-flows-weekly-report-f38946027bd6\">data<\/a> from <strong>CoinShares<\/strong> further underpins the bullish thesis.<\/p>\n<p>Digital asset investment products recorded $882 million in inflows globally last week, marking four consecutive weeks of growth and bringing year-to-date inflows to $6.7 billion. <\/p>\n<p>Bitcoin accounted for $867 million of that, continuing to dominate institutional allocations. <\/p>\n<p>Notably, <a href=\"https:\/\/www.benzinga.com\/money\/best-spot-bitcoin-etfs\">U.S.-listed Bitcoin ETFs<\/a> have now amassed a cumulative $62.9 billion in net inflows since launching in January 2024, a record high.<\/p>\n<p>Regionally, inflows were led by the United States ($840 million), followed by Germany and Australia, while Canada and Hong Kong saw small outflows. <\/p>\n<p>CoinShares attributes the increase in &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45344022\/bitcoin-taps-105000-heres-when-it-could-hit-122000\" alt=\"Bitcoin\" taps here when it could hit>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8216;s (CRYPTO: BTC) rally to almost $106,000 may not yet be its peak, with technical models and macro flows aligning to support a near-term price target of $122,000, according to a report. The move follows a well-defined breakout above the $84,500 level in mid-April and has been reinforced by strong spot buying and expanding institutional [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26302","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26302"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26302\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}