Are institutions driving Bitcoin past 90,000? Analysts hold differing opinions

【Blockchain Rhythm】Regarding whether Bitcoin can rise from the current $90,000 to $150,000 this year, industry opinions are divided.

Macro researcher Luke Gromen recently stated that, in the absence of major market catalysts, institutional investors are unlikely to push Bitcoin strongly higher. He explained that institutions typically wait and see before acting, and without clear event-driven triggers, it’s hard to chase higher entries. For institutions to truly take action, the progress of the US CLARITY Act and whether the Federal Reserve continues to cut interest rates are key factors. However, he also warned of risk scenarios—if a full-scale trade war or economic recession erupts, Bitcoin could even fall near $60,000, and many holding companies might be forced to cut losses.

But data presents a different signal. CryptoQuant CEO Ki Young Ju pointed out that institutional demand is far from being so cold. Last year alone, institutional investors bought approximately 577,000 Bitcoins, equivalent to $53 billion in real money. Grayscale also emphasized that institutional entry combined with clearer regulatory environments are the two core driving forces behind Bitcoin’s new highs.

From the actual market performance, the real investment behavior of institutions seems to tell us more than commentary opinions.