Fidelity ETF Inflows Boost Bitcoin Price Outlook to Near $100,000
Fidelity's spot ETF attracted approximately $311 million during a major inflow session, boosting Bitcoin's price outlook.
The demand helped Bitcoin reclaim its 50-week moving average and reach its highest level since January, with the price currently trading close to $84,000.
A return above $85,000-$87,000 would restore near-term momentum, while a decisive move through $90,000 could strengthen the path toward $95,000 and eventually $100,000.
However, experts caution that rising leverage can accelerate both rallies and reversals, making sustained spot ETF demand a stronger confirmation than forced short liquidations alone.