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OdailyChina

📰Analysis: This round of Bitcoin bull market is driven more by institutions and long-term capital than retail speculation

Presto Research analyst Min Jung pointed out that this increase is mainly driven by the accumulation of funds from companies such as Strategy, Metaplanet, and Twenty One Capital, indicating that this round of bull market is driven more by institutions and long-term capital rather than retail speculation. #OKX U.S. CEO Roshan Robert believes that the rise in Bitcoin is the result of multiple factors, including corporate reserve strategies, a surge in ETF inflows, macroeconomic uncertainty, and favorable regulatory signals. Presto Research maintains its Bitcoin price target of $210,000.00 for 2025, which was released at the end of 2024.

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