Cointelegraph: Six key factors supporting Bitcoin’s surge to $140K

Cointelegraph outlined six key factors that may drive Bitcoin’s rise: 1. Increase in spot Bitcoin ETF inflows – Spot Bitcoin ETFs saw $2.9 billion in net inflows within two weeks, mirroring past rallies. 2. Drop in the Volatility Index (VIX) – VIX dropped from 55 to 18, signaling a "risk-on" environment. 3. Rising Bitcoin Accumulation Trend Score (ATS) – Strong accumulation by Bitcoin whales indicates bullish sentiment. 4. Record low Bitcoin balances on exchanges – BTC balances on exchanges hit a six-year low, suggesting long-term holding. 5. Rising Bitcoin transaction volume – Bitcoin's transaction volume Z-score is approaching 1, indicating increased network activity. 6. Rounded bottom pattern on Bitcoin chart – A breakout above $106,660 could lead to a price discovery phase targeting $140,000.