Bitcoin may be approaching a turning point as US-listed Bitcoin exchange-traded funds (ETFs) experienced net inflows of $28.7 million on September 9, marking a reversal from a period of outflows. This comes alongside a prominent whale on Bitfinex aggressively buying Bitcoin and long-term holders increasing their positions, indicating growing interest among professional investors. However, analysts remain cautious, with some predicting a potential drop in Bitcoin's price before reaching new highs. Additionally, the outcome of the US presidential election could significantly impact Bitcoin's future trajectory. Despite uncertainty, the growing buying pressure suggests optimism in the market.



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