
Bitcoin Holds $122K as Market Eyes $140K Amid ETF Inflows and Exchange Withdrawals
8/10/2025
Bitcoin is steady around $122,000 in Wednesday’s Asian session after peaking at a record $126,200 earlier this week. Despite a modest pullback, some analysts remain bullish on a potential surge to $140,000 by month-end.
Economist Timothy Peterson estimated on X that Bitcoin has a 50% probability of hitting $140K this month, based on decade-long historical data and AI-driven simulations. He added there is a 43% chance BTC finishes below $136K.
BTC has risen nearly 10% since October began, historically a bullish period for global markets. The move is fueled by strong ETF inflows and