Analysis: Investor sentiment rebounds, Bitcoin eyes $160K by year-end

Bitget Research Chief Analyst Ryan Lee attributes Bitcoin’s (BTC) recovery to sustained ETF inflows, which have now reached $46 billion, though he notes that investor caution still lingers, according to CoinDesk. Lee projects BTC to rise to $110,000–$115,000 in Q3 and potentially hit $130,000–$160,000 by year-end. For Ethereum (ETH), he forecasts a short-term range of $2,600–$2,800, with a longer-term target as high as $5,500. Echoing this sentiment, Gadi Chait, Head of Investment at Xapo Bank, emphasized BTC’s increasing liquidity and integration into mainstream portfolios, noting that its swift V-shaped rebound above $105,000 signals its emerging role as a safe-haven asset, supported by growing institutional participation amid global uncertainty.