Bitcoin is about to break through 120,000 US dollars: the three major surge logics behind institutional buying frenzy.

The Bitcoin market is experiencing an unprecedented institutional frenzy, with the historical high of $112,000 about to become a thing of the past. With financial giants like BlackRock and Fidelity continuously increasing their stakes, Bitcoin ETF inflows are hitting new highs, and the market is brewing a super bull market that could rewrite the history of cryptocurrencies. This article will deeply analyze the three core logic driving Bitcoin to break new highs, reveal the astonishing truth about the flow of institutional funds, and provide you with precise strategies to seize this market trend.

Institutional funds "tsunami" arrives: What does the record inflow of Bitcoin ETFs indicate?

The financial giant is setting off a history 无前例的bit币抢购tide。 最新数据显示,贝莱德已连续9天增持比特币ETF,单日最高买入量达1850枚BTC,其比特币持有总价值已飙升到168亿美元。 More shocking is that Goldman Sachs 近期将它在贝莱德iSharesBit币信托(IBIT)中的currently holding a stock ratio of 28%,目前持有价值超过1.4亿美元的比特币ETF份额,成为该ETF最大机构持有者。

The Bitcoin ETF market has formed a "whale swallowing" pattern. Currently, the total net inflow of Bitcoin ETFs has reached an astonishing $35.5 billion, with just BlackRock and Fidelity contributing over 90% of the funds. This extremely concentrated distribution of funds reveals a key signal: traditional financial institutions are strategically building positions in Bitcoin rather than engaging in short-term speculation. Robert Mitchnick, head of digital assets at Fidelity, explicitly pointed out that the flow of funds in Bitcoin ETFs has shifted from being retail-led to institution-led, indicating a qualitative change in the underlying structure of the market.

The Asian market has also started to join this institutional frenzy. In February 2025, Singapore launched its first Bitcoin ETF aimed at institutions, marking the beginning of large-scale allocations to the cryptocurrency market by Asian institutional investors. Meanwhile, Asian institutions such as Hong Kong virtual banks and Japan's Metaplanet are also increasing their Bitcoin holdings, creating a situation where institutions from the East and West are competing to acquire assets.

Table: Major Institutions Bitcoin ETF Holdings as of May 2025 (

Institution Name ETF Product Position Value ) million USD ( Recent Trends
BlackRock IBIT 168 has increased its holdings for 9 consecutive days.
Goldman Sachs IBIT 1.4 increased by 28%
Fidelity FBTC 114 Stable Accumulation
Brevan Howard IBIT 1.4 New Large Position

Technical Analysis and On-Chain Data: Why is the Breakthrough of 120,000 US Dollars Inevitable?

The price of Bitcoin has formed a "golden pit" pattern. Recently, Bitcoin tested the $110,000 level twice and successfully stabilized, continuously digesting the previous trapped positions, clearing the obstacles for breaking through the historical high of $112,000. On-chain data shows that the number of wallet addresses holding more than 1,000 BTC increased by 2.7% in one week, indicating that "whales" are actively positioning themselves at this key price level, accumulating energy for the next round of increase.

减半效应开始全发ferment。 2024 年4月完成的bit币四次减半已将区块奖励降至3.125 BTC。 历史数据表明,减半后的12-18个月往往是价格爆发期:2012年减半后BTC涨幅达80倍; In 2016, it was 20 times higher after half a year; In 2020, it fell a record high of $69,000. 按照这一规律,2025年正处于减半后的最佳上涨窗口,保守估计本轮周期涨幅至少5-10倍,这意味着从2024年减半前低点约3万美元计算,2025年高点可能触及15万-30万美元。

技术指标全线看涨。 截至2025年5初的数据显示,bit币价格在突破95000美元阻力位后,上涨动能强劲。 相对强弱指数)RSI(为62.4,接近超买但仍有充足上涨空间。 更关键的是,比特币交易量在突破关键位时显有放大,24小时交易量达347亿美元,较前日增加7%,量价配合完美的,确认了上涨趋势的有效性。

"When Bitcoin breaks through key resistance levels, it never looks back." — Renowned trader Peter Brandt accurately predicted that Bitcoin would break through $200,000.

Three major catalysts for the surge: Why are institutions betting heavily on Bitcoin at this time?

美联储策略转向成为最大助推器。 随着2025年美联储进入降interest 周期,美元流动性宽松将直接推高所有风险资产价格,而比特币作为"数字黄金"将成为最大受益者之一。 shard 银行数字资产研究主管Geoffrey Kendrick指出:"利率决定和通胀动态将是2025年比特币价格的关键影响因素"。 在降息预期下,机构正在抢跑布局,以避免错过比特币的价值重估机会。

Global geopolitical risks are driving demand for safe-haven assets. Against the backdrop of rising tensions between the US and China and escalating inflation in emerging markets, the narrative of Bitcoin as "digital gold" is gaining increasing recognition from institutions. Robert Kiyosaki, author of Rich Dad Poor Dad, predicts that Bitcoin will reach $350,000 by 2025, based on its properties as a "hedge against traditional financial uncertainty." Institutions like BlackRock are significantly increasing their holdings in Bitcoin ETFs, essentially preparing for potential upheaval in the global monetary system.

Technical upgrades activate the ecological value of Bitcoin. In 2025, the Bitcoin network will see several major upgrades: the Lightning Network capacity will increase threefold; Layer 2 solutions such as Stacks will enable Bitcoin to support smart contracts; innovations like Inscriptions ), BRC-20, and others continuously activate on-chain activities. These technological advancements have evolved Bitcoin from a mere store of value into a multifunctional financial infrastructure, greatly expanding its application scenarios and valuation space.

Investment Strategy: How to Seize This Epic Market Trend?

现货持有是最稳妥的选择。 面对即将到来的历史新高突破,ARK Invest创始人Cathie Wood建议投资者:"现货继续持有待涨就行"。 PlanB的库存-流量模型显示,2025年BTC公允价值中位数为28万美元,这意味着当前价格仍有巨大上涨空间。 对于普通投资者而言,避免频繁操作、坚持长期持有是共用bit币增长红利的最佳策略。

Pay attention to changes in institutional fund flows. The fund flow of Bitcoin ETFs is an important indicator for assessing market sentiment. Bitwise Chief Investment Officer Matt Hougan predicts that by the end of 2025, Bitcoin ETFs will set a new record for fund inflows, exceeding $35 billion in 2024. Investors should closely monitor when the four major Wall Street firms, including Merrill Lynch and Morgan Stanley, will open Bitcoin ETF services, as this will signal the next wave of institutional capital entering the market.

Beware of short-term fluctuations and seize the opportunity during pullbacks. Although the long-term trend is clear, the Bitcoin market may still experience significant volatility. Chief Economist Yang Youwei of Bit Mining warns: "The price of Bitcoin may see a substantial upward momentum in 2025, but there will occasionally be significant pullbacks." For investors who have not yet built their positions, a pullback during market panic is actually a great entry opportunity, with key support levels in the $89,000 - $92,000 range.

Beyond $120,000: What is the ultimate goal of Bitcoin?

The price predictions for 2025 are generally optimistic. Major institutions have set exciting target prices for Bitcoin by the end of 2025: Standard Chartered at $200,000, Galaxy Digital at $185,000, VanEck at $180,000, and Fundstrat at $250,000. More aggressively, Jan3 CEO Samson Mow predicts that Bitcoin will reach $1 million by the end of 2025, based on supply shocks caused by institutional and national adoption.

The long-term valuation model is even more astonishing. ARK Invest's base case forecast predicts that by 2030, the price of Bitcoin will reach $1.2 million; while Benzinga's forecast is even higher at $975,443. The common basis for these predictions is that Bitcoin will gradually replace gold as the global value storage tool. Currently, the market value of gold is approximately $12 trillion, and if Bitcoin captures 20% of that market share, its price will easily surpass $500,000.

Bitcoin is rewriting financial history. From being viewed as an "internet bubble" to being included in mainstream asset allocation by traditional financial giants like BlackRock and Goldman Sachs, Bitcoin has achieved this in just over a decade. The year 2025 will be a key year for Bitcoin to prove its dual identity as "digital gold" and "global settlement layer". Regardless of short-term fluctuations, as the first digital asset to achieve scarcity, decentralization, and global liquidity, the process of value reassessment for Bitcoin is far from over.

In this new era led by institutions, Bitcoin breaking 120,000 USD is just the beginning; a value revolution that will change the global asset landscape is unfolding. For visionary investors, now may be the best time to participate.
() #5月CPI 数据将公布#