Bitcoin Market Insights: First, Institutions Lead 📈
Recent news highlights focus on institutional dynamics. The industry leader MicroStrategy has once again invested approximately $561 million to acquire 5,262 BTC, and the $42 billion Bitcoin investment plan reiterated at its shareholders' meeting acts like a shot of adrenaline for the market, greatly boosting market confidence. Various signs indicate that the Bitcoin price is poised to rise to $100,000 soon, making this undoubtedly a rare entry opportunity.
Now, the market structure built by governments, ETFs, publicly traded companies, and large holders has already taken shape. Institutional investors adhere to a long-term holding strategy, and their accumulation of coins has resulted in a decrease in market circulation supply, laying a solid foundation for Bitcoin's long-term price.
Although Bitcoin has not successfully broken through $110,000 this time, the overall upward trend remains unchanged. In the past two days, while large funds have not moved significantly, there is no looming threat of a market crash. Looking ahead, if the U.S. market switches trends after Christmas due to expectations of Trump taking office, Bitcoin and altcoins are expected to rise in tandem. Altcoins may rise first, and once Bitcoin breaks through $110,000 or even $120,000, funds will flow back into altcoins to push them higher. Based on this speculation, the market is expected to accelerate into the altcoin bull market phase in January next year, and investors should closely monitor and seize the opportunity.
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