Bitcoin Rally Fueled by Policy Shifts, Institutional Demand

Bitcoin is experiencing renewed bullish momentum, with major banks like Standard Chartered forecasting a surge to $120,000 this quarter and potentially $200,000 by the end of 2025, driven by strong ETF inflows and institutional accumulation. Large investors have resumed aggressive accumulation, with over $4 billion recently purchased, while spot Bitcoin ETFs saw record inflows, signaling growing confidence. On-chain data shows a significant drop in Bitcoin held on exchanges and a rise in large wallet holdings, indicating reduced selling pressure and increasing long-term conviction. Bitcoin's price movements and trading volumes are mirroring historical bull cycles, fueling speculation of a breakout as U.S. regulatory sentiment becomes more crypto-friendly under President Trump's administration. The possible announcement of a U.S. Bitcoin strategic reserve and shifting policies could further boost momentum, though analysts caution against excessive market euphoria. Overall, favorable macroeconomic trends, policy developments, and historical price patterns suggest Bitcoin could reach new all-time highs in the coming months.