Czech speaks! Bitcoin is surging to $1 million! Government and institutions are on a buying spree!
CZ once again makes a shocking statement, stating that the target for Bitcoin in this bull market is $500,000 to $1 million! This is not just talk; there are three main reasons supporting this:
Institutional forces entering the market
The US Bitcoin ETF has attracted countless funds, and a massive amount of traditional financial capital is flooding into the market, driving prices to soar. CZ clearly states that it is not the old retail investors pushing up the price, but rather new funds.
Governments around the world are hoarding coins
El Salvador continues to secretly acquire Bitcoin, and other countries are quietly following suit. CZ refers to this as "official endorsement," and its impact should not be underestimated.
US policies are boosting the market
Despite unclear regulations, the US does not reject cryptocurrencies; instead, it encourages large funds to enter the market more boldly.
But a reminder:
What the big players say is just for reference; don’t expect a million dollars to come immediately.
Institutional markets operate differently from retail markets, with more extreme volatility in price surges and drops.
Altcoins may continue to lag behind; Bitcoin strategies need to be adjusted.
Data shows that 70% of this surge is driven by new institutional funds, indicating that the big whales are just beginning to enter the market.
Operational advice:
Don’t rush to sell spot; hold steady.
If you want to play with leverage, wait for a pullback.
Keep some funds ready for "black swan" events.
PS:
El Salvador's president's strategy of "buying 1 Bitcoin every day" now seems like a wise choice!
Daily on-chain opportunity:
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The community is developing rapidly, with the number of collaborating institutions increasing to 3, showing great potential.