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Wall Street’s Bitcoin Fever Hits New Highs as Institutions Chase $210K Price Target

Wall Street’s Bitcoin Fever Hits New Highs as Institutions Chase $210K Price Target

Author:
Cryptodnes
Published:
2025-04-29 08:00:14
13
2

Big money is flooding into Bitcoin—and the sharks smell blood. Institutional demand has surged to record levels, with analysts now eyeing a jaw-dropping $210K price target. Never mind that most of these same firms called it a scam five years ago.

Behind the rally? A perfect storm of ETF approvals, corporate treasury allocations, and that classic FOMO that turns skeptics into bagholders. The halving supply crunch doesn’t hurt either.

But let’s be real: when Goldman Sachs starts shilling crypto, it’s either time to buy… or run. After all, nothing moves markets like hedge funds chasing yesterday’s returns while pretending they invented technical analysis.

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Recent market behavior appears to support Chung’s narrative. Bitcoin’s climb to $94,000 has occurred with surprisingly little retail hype. Bitwise CEO Hunter Horsley pointed out that institutional buyers, from corporations to sovereign entities, are increasingly dominating the market, even as retail interest — measured by Google search trends — lags.

Adding further momentum, analysts at Standard Chartered and Intellectia AI suggest that growing ETF demand and macro hedging strategies could propel Bitcoin prices even higher, potentially more than doubling before 2025 draws to a close.



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