The bitcoin price is approaching a potential breakout as renewed ETF inflows and macroeconomic shifts reignite bullish momentum. With BTC hovering near $110K and institutional demand climbing once again, investors are closely watching the charts. Could a combination of spot ETF flows and a Federal Reserve pivot push Bitcoin to new all-time highs this quarter?
ETFs Back in Focus After Months of Flat Flows
After nearly 100 days of declining activity, spot Bitcoin ETFs are making a strong comeback. Data from SoSoValue shows that over $407 million in net inflows entered U.S. ETFs on July 1 alone — the highest daily total since April.
Source: SoSoValue
This surge pushes total net assets across all spot ETFs to $136.68 billion, signaling renewed interest from institutional players. Analysts at 10x Research suggest this could mark the start of a new accumulation cycle:
“ETF inflows paired with macro easing could trigger an explosive move in BTC prices during Q3.”
Bitcoin Price Faces Critical Resistance Near $110K
From a technical standpoint, the bitcoin price is pressing up against a major resistance zone between $110,000 and $112,000. A decisive breakout here could open the door to price discovery territory, with minimal resistance until the $120K region.
Source: Tradingview
Volume has increased with each attempt to push higher, and RSI remains comfortably below overheated levels — adding strength to the bullish case. A daily close above $110.5K would likely confirm breakout conditions.
Fed Policy Pivot Could Boost Crypto Assets
Macroeconomic conditions are also playing a key role. Markets now expect the Federal Reserve to pause rate hikes and potentially deliver a rate cut by the end of 2025. Such a shift would increase liquidity across risk assets, particularly crypto ETFs and Bitcoin.
Historically, Bitcoin performs best in dovish environments, especially when coupled with structural demand from ETFs, corporations, and retail.
As 10x Research notes:
“Lower interest rates and ETF inflows aren’t just supportive — they’re catalytic. Together, they can spark exponential price movement.”
On-Chain Data Aligns With Bullish Sentiment
Beyond ETFs and the Fed, on-chain metrics provide additional confirmation. MVRV ratios are rising while remaining in a healthy zone, and long-term holder behavior points to accumulation rather than distribution.
The recent chart from SoSoValue shows a strong correlation between ETF net inflows and Bitcoin price recovery over the past 60 days — supporting the idea that institutional demand is now steering the market.
Final Thoughts: What’s Next for Bitcoin Price?
Momentum is building across all fronts. Spot ETFs are attracting capital again. The Fed is expected to shift policy soon. And technically, the bitcoin price is on the verge of a breakout.If these catalysts align over the next few weeks, Bitcoin could make a run toward $120K or beyond before Q4. While short-term pullbacks are always possible, the bigger picture now tilts bullish — especially for those watching the ETF charts closely.
