According to analyst Arslan Butt, the Bitcoin price prediction suggests a highly optimistic outlook following the launch of an innovative ETF on Wall Street. This fund, named the Bitwise Proficio Currency Debasement ETF, integrates digital assets with precious metals to attract institutional capital. Currently, the market is watching how the asset consolidates before aiming for its historic mark.
On the other hand, Bitwise Asset Management has formalized a strategic partnership with Proficio Capital Partners, officially launching this product on the New York Stock Exchange, being this an advancement that allows flexible exposure to assets with proven scarcity. The BPRO fund is actively managed, seeking to protect wealth against the monetary devaluation currently affecting traditional fiat currencies.
The composition of the ETF requires a minimum of 25% strictly allocated to physical gold, complemented by a dynamic allocation towards digital Bitcoin and mining technology. By integrating metals and cryptographic assets, the firm offers a comprehensive solution for high-level institutional portfolios, diversifying the inherent risk of the extreme volatility that defines the global digital financial sector.
A financial bridge between physical gold and the market’s digital scarcity
From a technical perspective, the asset’s behavior reflects a healthy compression phase, holding steady above the weekly 87,400 dollar support level. This demand zone has proven to be resilient, as buyers have intervened timely, preventing a massive liquidation of leveraged long positions that could have destabilized the prevailing bullish trend throughout this month of January.
The chart analysis identifies a descending flag pattern within an ascending channel, signaling that the primary trend remains intact and solid. While the 50 and 100-period moving averages flatten, the relative strength indicator is stabilizing, preparing the ground for an imminent range expansion towards price targets that significantly exceed the current resistance levels.
Could the 87,000 dollar support level trigger a historic rally toward new highs?
Nevertheless, experts maintain that the Bitcoin price prediction depends on the asset’s ability to overcome the 90,400 dollar resistance. Should this move consolidate, the price could project quickly toward the 94,250 dollar zone, attracting new massive capital flows that would significantly strengthen the base of global institutional investors and market participants.
Finally, the shift in institutional narrative towards inflation hedging favors the accumulation of assets with limited supply. By being framed alongside gold, Bitcoin is no longer perceived as a purely speculative bet, becoming an essential component of macroeconomic hedging, which guarantees a persistent liquidity inflow that will sustain the organic growth of the financial ecosystem and its decentralization.
