QCP Capital: New Bitcoin All-Time High Coming By March-End, Thanks to Bitcoin ETFs

The newly launched spot Bitcoin ETFs have attracted billions of dollars with fresh inflows making new highs on a daily basis. Earlier this week on Tuesday, BlackRock’s iShares Bitcoin ETF (IBIT) alone attracted ~$500 million in a single day. The recent survey from QCP Capital suggests that global liquidity has been rotating back into Bitcoin ETFs. Thus, it expects the $BTC price to touch at least $70,000 by March end.