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.