Multiple analysts are bullish on Bitcoin's (BTC) price, with some predicting a rally to $115,000. This optimism is backed by the strong demand for BTC from market participants, as evidenced by the over $3 billion per day that has entered the BTC network over the past month. One analyst, Timothy Peterson, believes that the continuous inflows into the BTC spot ETF are a major driver of this bullish sentiment. He predicts that BTC is headed towards $115,000 as a result of these inflows. The overall positive outlook for BTC is further supported by the recent surge in hash rate, which has hit a new all-time high. This increase in hash rate indicates that the network is becoming more secure and that miners are confident in the long-term prospects of BTC. Overall, the technical and fundamental factors are aligning in favor of a continued rally in BTC's price. While there is always the potential for a correction, the overall trend remains bullish. Investors who are considering adding BTC to their portfolio may want to consider doing so sooner rather than later.

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