QCP: Bitcoin continued to set new historical highs last week, but non-institutional demand remains strong.

ChainCatcher news, QCP released a research report pointing out that Bitcoin has broken through the 125,000 USD mark, setting a new historical high, and continues to rise without ETF capital inflow or institutional support. Despite rising interest rates and signs of overheating, non-institutional demand remains strong, and whales seem to be holding rather than taking profits. The U.S. government shutdown has reignited Bitcoin's safe-haven attributes, and bullish seasonal factors may continue to drive market momentum. However, as leverage in holdings rises and institutional capital inflow becomes crucial, whether Bitcoin can maintain the momentum of its October breakthrough remains a focus.

BTC-2.94%
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