I saw a video yesterday where they made the case that 75 billion dollars sitting on S&P500 balance sheets is likely to move into Bitcoin this year... The 1.5 billion dollar Tesla investment jumped the price from $30K to $50K, I can only imagine what 75 billion more dollars would do... Breaking $100K by the end of the year seems inevitable at this point.
This huge amount of money will enter the market silently. Because they want to buy Bitcoin at the cheapest possible price. This is really an insane amount of money, it is not possible to predict where the bitcoin market will go if so much money enters the bitcoin market. Because there will be so many buyers in the market that it is difficult to say exactly how high the price of Bitcoin will go. $100k target is the first target, then it will be understood at that time how much higher Bitcoin will go.
Now many big companies are silently buying bitcoin. When they finish buying, they announce that they have bought that amount of bitcoin. So it seems to me that there are many more companies that will buy Bitcoin but they are not saying anything now, I am waiting to see their announcement.
