Quote from: Smartvirus on July 17, 2025, 11:42:26 PM

Quote from: BenCodie on July 15, 2025, 12:16:19 PM

Corporate interest is providing a new and strong form of demand, and could be a catalyst that continues to push it higher and/or adds support to keep it from correcting as hard as it did in the cooling off phase of last bull periods.

We would see a lot of these as research institutes and entities keep looking out for what might be the best ways to leverage the opportunities they might find in Bitcoin for themselves. Come with the government backing, it’s only nice they do so.

Bitcoin in today is no longer a currency that is circumvented by FUD and uncertainties. Come the supports, come investment decisions.

I thought we might have been at the start of a possible bullrun but, this wasn’t it even though, price pushed a little further and way too suddenly.

I am interested to see the speed of adoption for government and corporations. It seems to be happening fast, though only 100-150 private US companies have it in their balance sheet. It will be interesting when we see major corporations joining in the buying (especially if they buy on spot market).

The price movement has been sudden which is always a cause for concern of sustainability, though similarly we have seen this kind of speed before (and really, from a percentage perspective, it's a lot slower now than it once was. It just seems fast as 10% now is nearly $12,000 in price movement. Before, this was 10 - 100% of the price, depending on time period!)

Quote from: Ishicryptic on July 17, 2025, 12:03:18 PM

Quote from: BenCodie on July 15, 2025, 12:16:19 PM

Corporate interest is providing a new and strong form of demand, and could be a catalyst that continues to push it higher and/or adds support to keep it from correcting as hard as it did in the cooling off phase of last bull periods.

This is also my prediction, the more corporate entities or institutions are buying and hodling we can expect more ATH in this circle that could beat our speculations. With the momentum that the current ATH happened I believe that $150k is possible anytime within this third quarter of 2025 and if institutions continues to pump their bags we can expect to see $200k in this bull run. With the level of Bitcoin adoption and accumulation I wouldn't allow anybody to tell me otherwise about the possibilities of seeing more ATH in this circle. I am expecting more institutions and governments to accumulate Bitcoin because everybody is seeing it's potentials.

It could be the catalyst for a further push. However I did recently read about mining power consolidating, and holdings shifting. This could all happen on OTC desks, and may not effect the market too much. Though it's a new risk on the horizon that we should keep updated on. We can only see what happens from here, it's all exciting either way to see Bitcoin where it is today