#BTC ability to climb to a fresh all-time high largely depends on whether inflows into spot Bitcoin exchange-traded funds #ETFs resume, after notable withdrawals totaling approximately $1.3 billion from December 2025 through January 2026. Data cited by NS3.AI suggests the market is undergoing a phase of tactical portfolio rebalancing, where short periods of strong inflows are quickly offset by substantial outflows. This behavior is being driven mainly by broader macroeconomic forces, particularly expectations surrounding U.S. Federal Reserve policy.
Market analysts have outlined three possible timelines for Bitcoin’s next major peak. These scenarios include a renewed upward trend during 2026–2027 if #ETF inflows strengthen and remain consistent, as well as a more delayed surge approaching 2028, shaped either by traditional Bitcoin halving cycles or the possibility of a prolonged market consolidation and drawdown.
