How far away from the next halving are we? It might be a combination of factors such as business consolidating their half yearly positions by shifting funds around or investment groups seeing the $25k price and deciding to throw a few million in Bitcoin's direction.
322 days give or take, so it's a little bit under one year from now. It's the FOMO though, when there is news of institutions getting into the Bitcoin ETF like Blackrock applying for now, the price seems to zoom in to $30k++.
So it's not businesses consolidating, although institutional money has been in the market for so long. But this is different, everyone including retail wanted to jump and doesn't want to missed the opportunity that's why there is a huge shift in the funds for bitcoin as we speak and there could be more waiting from the outside, willing to jump into the market.