Cooper Research: ETFs can increase their average price by 1.8% for every 10000 BTC they hold, potentially reaching $150000 in October

According to a report by Golden Finance, Cooper Research, a research firm, pointed out that as investors pour large amounts of funds into Bitcoin exchange traded funds, the rise in Bitcoin prices seems inevitable. Data shows that for every 10000 BTC increase in ETF holdings, Bitcoin prices can rise by an average of 1.8%. Analysts pointed out that from a series of data indicators, Bitcoin seems ready for another significant rise, and the leverage driven market frenzy is gradually fading. The price trend of Bitcoin may take a more moderate path, expected to reach $140000 in September and possibly rise to $150000 as early as early October.