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Are Institutions Quietly Fueling a Bitcoin Run to $120K?

  • Check observes parallels between increased institutional involvement and past market cycles, predicting a potential Bitcoin price surge to $120,000.
  • Strategy, holding almost 600,000 BTC, has introduced preferred stock options, attracting attention from traditional investors.
  • Falling implied volatility, rising short positions, and stablecoin inflows indicate increased accumulation by major players, amid bullish sentiment and optimistic macro conditions.
  • While some critics like Jim Chanos question the overvaluation of Strategy's stock, growing signals and risk appetite suggest a potential upward move in Bitcoin's price.

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