Key indicators suggest Bitcoin's bullish momentum could lead to new all-time highs

Cointelegraph has summarized five key points that suggest Bitcoin (BTC) could break a new yearly high soon: -Bitcoin has rebounded over 25% from its September low, with on-chain and technical indicators pointing to potential new all-time highs. -Open interest in Bitcoin futures reached a record $19.7 billion on Oct. 15, signaling increased market activity and liquidity, though it may also cause volatility. -Bitcoin supply on exchanges is at its lowest in nearly five years, suggesting traders are holding rather than selling. -Spot Bitcoin ETFs saw inflows of $555.8 million on Oct. 14, highlighting strong institutional interest. -Bitcoin remains above its 200-day Simple Moving Average (SMA), with some analysts predicting a price peak of $233,000 during this bull run.