70% Chance Bitcoin Could Hit Record Highs in Just Two Weeks

Top Financial news aggregator Walter Bloomberg believes that the leading cryptocurrency Bitcoin now has a 70% chance of reaching new all-time highs within the next two weeks.

With BTC trading near $117,000, optimism is rising as strong ETF inflows and growing futures activity hint at a bullish run ahead.

FED Rate Cut & ETF Inflows Strengthen the Bullish Case

TThe Federal Reserve’s first interest rate cut in nine months has boosted hopes for a Bitcoin bull run, pushing its price towards the all-time high of $124,000 as more money enters the market.

Adding to the optimism, Bitcoin spot ETFs have attracted nearly $3.04 billion in inflows over the past two weeks, showing that institutional interest remains strong despite a bearish September.

According to Walter Bloomberg, this surge in demand is a clear sign that Bitcoin could be at the start of a bigger rally, rather than approaching its peak.

Two Possible Paths for Bitcoin

Backing the bullish analysis, market researcher Axel Adler Jr. noted that Bitcoin’s price action suggests two possible paths in the near term: a period of sideways consolidation or a step-by-step uptrend.

While both scenarios imply stability rather than sharp drops, he noted that a strong close above $117,500 could confirm a breakout, lowering the risk of major pullbacks

History Suggests Bigger Peaks Ahead

Looking beyond short-term moves, Coinpedia’s report may provide clues about what comes next. After each halving, BTC has historically peaked roughly 1,064 days later:

• 2017: Bitcoin surged before crashing by 84%
• 2021: BTC hit $69,000 before sliding 77% to $15,000

Following the April 2024 halving, Bitcoin seems to be following this rhythm again. If history repeats, the next major top could arrive around late September or October 2025, potentially reaching $140,000–$150,000.