Bitcoin could surge to $150,000 by early October, driven by strong inflows into Bitcoin exchange-traded funds (ETFs). A report from Cooper Research forecasts that Bitcoin may hit $140,000 in September, with a projected rally fueled by substantial investments in ETFs. The analysts note the potential for Bitcoin to overheat in the $140,000 to $200,000 range this year, as economic uncertainties prompt investors to seek risk-on assets like cryptocurrencies. Recent economic data showing rising consumer prices and expectations of delayed interest rate cuts by the Federal Reserve contribute to this environment. Notably, U.S. spot Bitcoin ETFs recently attracted over $2 billion, marking one of their strongest weeks since regulatory approval in January 2024. Average gains of 1.8% for every 10,000 Bitcoins added to ETF holdings further support this trend, pushing Bitcoin's price to near record highs. Although bullish projections exist, analysts suggest that Bitcoin may trade with less volatility as more sophisticated capital enters the market, moving away from past patterns of retail-driven price fluctuations.

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