Experts say Bitcoin remains far from overbought as ETF inflows expected to hit record levels
Bitcoin continues to show strong upward momentum despite reaching fresh highs this week, with analysts suggesting the leading cryptocurrency still has room to run. Market data indicates that BTC remains far from overbought territory, signaling potential for continued gains into the fourth quarter.
According to market research platform CryptoQuant, Bitcoin’s recent rally to above $126,000 marks only the midpoint of its current four-year cycle. “Technical indicators suggest the price is still within a stable range, far from the overbought conditions that typically precede major peaks,” said BITX market analyst.
Steady Momentum and Low Volatility
Bitcoin’s 30-day moving average currently stands just under $116,000, reflecting what experts describe as “balanced upward momentum.” At the same time, its 30-day standard deviation — a measure of volatility — remains relatively low at $4,540, indicating a compression in volatility that often precedes strong price moves, particularly when new liquidity enters the market.
Analysts note that Bitcoin typically reaches its cycle peak around 500–600 days after each halving, suggesting the market may be entering its most bullish phase yet.
ETF Inflows Could Break Records
Bitwise Chief Investment Officer Matt Hougan expects record-breaking ETF inflows by the end of 2025. “From where I sit, the stars are aligned for a very strong Q4 — more than enough to push us to a new record,” Hougan said.
So far, Bitcoin ETFs have pulled in $22.5 billion in 2025, and Hougan believes inflows could exceed $36 billion next year as investor confidence grows. He noted that “higher prices often spur greater demand” since rising valuations attract both retail and institutional attention.
Institutional Demand Strengthens the Case
Hougan added that wealth managers are increasingly opening their platforms to Bitcoin ETFs, citing a recent report from Morgan Stanley advising a 4% crypto allocation for risk-tolerant investors.
“The so-called ‘debasement trade’ is back,” Hougan said. “When investors seek assets that outperform a weakening dollar, gold and Bitcoin remain top choices.”
With volatility tightening, institutional access expanding, and ETF demand accelerating, analysts agree the stars appear aligned for Bitcoin’s next major leg upward.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.