Analysis: This round of Bitcoin bull market is more driven by institutional and long-term capital rather than individual speculation

Odaily Planet Daily News: Presto Research analyst Min Jung pointed out that the rise was mainly driven by the accumulation of funds from companies such as Strategy, Metaplanet, and Twenty One Capital, indicating that this bull market is more driven by institutional and long-term capital rather than individual speculation. OKX US CEO Roshan Robert believes that the rise of Bitcoin is the result of multiple factors such as corporate reserve strategies, a surge in ETF fund inflows, macroeconomic uncertainty, and favorable regulatory signals. Presto Research maintains its 2025 Bitcoin price target of $210000, which was announced at the end of 2024. （The Block）