Analysis: Each increase of 10,000 BTC in ETF holdings can raise the average price by 1.8%, potentially reaching $150,000 in October.

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According to Mars Finance, a report from the research company Cooper Research indicates that as a large amount of investor funds flow into Bitcoin exchange-traded funds, the rise in Bitcoin prices seems to be inevitable. Data shows that for every 10,000 BTC added to ETF holdings, the Bitcoin price can average rise by 1.8%. Analysts point out that based on a series of data indicators, Bitcoin appears to be ready for another significant pump. The leverage-driven market frenzy is gradually fading, and the price movement of Bitcoin may take a more moderate path, with expectations of reaching $140,000 in September, potentially rising to $150,000 as early as early October.

BTC1.47%
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