Bitcoin price prediction rises as ETF inflows push BTC past $122K

Bitcoin surged past $122,000 on Monday, putting it within $1,000 of a new all-time high and fueling a wave of bullish Bitcoin price prediction calls. The rally — driven by three straight days of strong inflows into U.S. spot Bitcoin ETFs and a pro-crypto executive order from the White House — has intensified market speculation over whether BTC can break its $123,000 record in the days ahead.

Henrik Andersson, chief investment officer at Apollo Crypto, said the upward breakout was not unexpected given recent momentum.

“In our view, it was just a matter of time before it would break up. We have seen positive ETF flows, more treasury companies buying Bitcoin, and encouraging policy developments from Washington,” — Henrik Andersson, CIO, Apollo Crypto.

The latest surge, a 3.3% gain in early Monday trading according to TradingView data, has renewed market discussions around short-term and long-term Bitcoin price prediction trends.

ETF inflows and policy shifts drive momentum

Spot Bitcoin ETF issuers bought $773 million worth of BTC in the final three trading days of last week, according to Farside Investors data. This buying pressure coincided with President Donald Trump’s executive order allowing cryptocurrency in 401(k) retirement plans — a move analysts say could open access to as much as $9 trillion in retirement savings.

“This kind of policy shift has the potential to alter Bitcoin’s demand profile significantly,” said Marissa Chan, digital asset strategist at BlockTower Capital. “It’s one of the few moments where a Bitcoin price prediction can factor in real institutional allocation.”

Michael Saylor, executive chairman of Strategy, hinted at additional corporate accumulation on Sunday, writing on X:

“If you don’t stop buying Bitcoin, you won’t stop making money.”

Market sentiment remains steady

Despite the rally, the Crypto Fear & Greed Index measured 70 out of 100 on Monday, in the “Greed” zone but below extreme levels. That indicates investor sentiment has firmed without tipping into overheated territory — a factor influencing more measured Bitcoin price prediction models.

Google Trends data also shows only modest growth in search interest for “Bitcoin” over the past week, with a score of 48 out of 100 compared to the November 2024 peak following Trump’s election victory. Analysts note that subdued retail search activity suggests the rally is still institution-led.

Broader market impact

The latest price action in Bitcoin has also lifted other digital assets. Ether (ETH) rose 1.8% over the past 24 hours, nearly tripling since April 9, from $1,435 to $4,315. Together, BTC and ETH pushed the total cryptocurrency market capitalization to an all-time high of $4.14 trillion, according to CoinGecko.

For long-term holders, the narrative around Bitcoin price prediction remains anchored to supply-demand fundamentals, institutional adoption, and macroeconomic conditions. Short-term traders, meanwhile, are eyeing whether BTC can break its all-time high and sustain momentum above the $123,000 mark.

As Andersson of Apollo Crypto put it:

“When you combine macro tailwinds, favorable regulation, and institutional flows, the path to new highs becomes much clearer. The key question for any Bitcoin price prediction now is not if, but how fast.”