The Bitcoin market shows a clear pump trend, and the current price of $121,000 may just be the beginning. Institutional investors have set their sights on a target of $170,000 by the end of the year, demonstrating strong bullish sentiment.



At the same time, retail investors remain concerned about a possible pullback, but the market fundamentals have undergone significant changes. The policy environment and capital flows have shown positive signals, laying the foundation for Bitcoin's long-term growth.

It is worth noting that U.S. pension funds are gradually entering the cryptocurrency market, marking a continued influx of institutional funds. In addition, the passage of legislation related to stablecoin cross-border payments provides a more convenient channel for global investors to participate in the Bitcoin market.

The current price level of $121,000 is likely just the starting point for a new round of Bitcoin rise. As more favorable factors accumulate, the market expects Bitcoin prices to continue to climb. However, investors still need to be cautious, closely monitor market trends, and manage risks.
BTC-2.53%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
OnChainDetectivevip
· 08-14 10:19
hmm... pension fund inflows showing unusual tx patterns. 97% correlation with 2021 peak volume metrics. something's not right here.
Reply0
WalletDetectivevip
· 08-14 05:24
A retail investor is just purely being suckers this time.
View OriginalReply0
HodlKumamonvip
· 08-11 13:50
The bear calculated the probability model, and this wave has a To da moon probability of 82.3% meow~
View OriginalReply0
Web3ProductManagervip
· 08-11 13:49
anyone looked at the user acquisition funnel metrics? pension funds = massive network effects incoming... just ran some quick cohort analysis and the retention curve is insane
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)