Institutional FOMO Fuels $140K Bitcoin Price Target—MEXC Exec Sees Wall Street’s Late Arrival as Rocket Fuel
Bitcoin’s next bull run might just be a hedge fund memo away. With institutional money finally waking up to crypto—only a decade late—MEXC’s COO predicts a staggering $140K price target.
Wall Street’s notorious ’buy high’ strategy could ironically become the catalyst. Pension funds and ETFs are now scrambling for exposure, turning Bitcoin’s scarcity into a self-fulfilling prophecy.
Just don’t ask these same institutions why they called it a scam at $300.
Bitcoin’s price could reach $140,000: Jin
In response, Bitcoin ETFs have seen inflows totaling $2.75 billion, much of it driven by institutional demand. If the current uncertainty persists, more investors may increase their Bitcoin exposure. In that case, Jin believes BTC could reach $140,000 as early as this summer.
“If corporate finance and institutional momentum persist, Bitcoin is expected to break the $109,500 and $111,000—$112,000 resistance range in the coming weeks and head towards the $140,000 range towards the end of summer.,” Tracy Jin, MEXC.
Still, Jin acknowledged that if macro uncertainty weighs too heavily on corporate demand, Bitcoin’s upside could falter. The $100,000 level remains a strong support, and BTC retains its bullish structure unless it breaks below $94,000.