**Bitcoin Breaks Resistance, Eyes All-Time High Amid ETF Inflows**

Bitcoin (BTC) surged past $68,500 on October 18, driven by strong buying momentum. This rally comes as U.S.-based Bitcoin ETFs saw inflows of $2.1 billion in the past five days, pushing total net inflows over $20 billion, according to Bloomberg's Eric Balchunas.

However, analysts are divided on Bitcoin's short-term outlook. Some warn that rising futures open interest could trigger a pullback, while others see it as a sign of significant price movement ahead.

As Bitcoin nears its all-time high, traders might adopt a cautious stance, with bears likely to sell aggressively near resistance levels. If Bitcoin stays above $54,000, sentiment could improve, benefiting altcoins.