研究公司说，比特币价格预测：机构浪潮符合现实检查

分析机构浪潮对比特币价格的影响，研究公司的大胆预测以及当前市场的看跌信号。我们要达到$ 190,000或进一步下降吗？

Bitcoin's been a rollercoaster, hasn't it? One research firm's making some seriously bullish claims amidst a sea of mixed signals. Let's dive into the nitty-gritty of Bitcoin price predictions, the institutional wave, and what the research firms are saying.

比特币一直是过山车，不是吗？一家研究公司在混合信号中提出了一些严重看涨的声称。让我们深入研究比特币价格预测，机构浪潮以及研究公司所说的话的挑剔。

Tiger Research's Bold $190,000 Target

老虎研究的大胆$ 190,000目标

Asia-focused Tiger Research is throwing down the gauntlet with a Q3 price target of $190,000 for Bitcoin. Their argument? A perfect storm of record global liquidity, structural ETF demand, and a regulatory nod opening up U.S. retirement accounts to crypto. They've even got a "base price" model pegged at $135,000, layered with multipliers for those sweet, sweet fundamentals. Key drivers include the M2 money supply exceeding $90 trillion and ETFs and corporate accumulation now holding 6% of Bitcoin's supply.

以亚洲为中心的老虎研究（Tiger Research）以比特币的Q3目标目标为190,000美元，将其抛弃。他们的论点？创纪录的全球流动性，结构性ETF需求和监管点的完美风暴，向加密货币打开了美国退休帐户。他们甚至拥有一个“基本价格”模型，固定为$ 135,000，并为那些甜美，甜美的基本面带有乘数。主要驱动因素包括M2货币供应超过900万亿美元，ETF和公司积累现在持有比特币供应量的6％。

The Institutional Wave: Fact or Fiction?

机构浪潮：事实还是小说？

The report leans heavily on the institutional wave. ETFs collectively hold 1.3 million BTC, and the implication is that big players are here to stay. Trump's executive order allowing 401(k) exposure to crypto is also seen as a major catalyst.

该报告严重依靠机构浪潮。 ETF集体持有130万BTC，这意味着重要的球员将留在这里。特朗普的行政命令允许401（k）接触加密货币，也被视为主要催化剂。

A Dose of Reality: Bearish Signals and Network Imbalance

一剂现实：看跌信号和网络失衡

Hold your horses, though. The report itself admits the network looks a bit wonky. Daily transactions and active users are lagging behind last year's highs, and retail participation? Faded. New initiatives like BTCFi are needed to reignite the spark beyond institutional wallets.

不过，握住你的马。该报告本身承认该网络看起来有些奇怪。每日交易和活跃用户落后于去年的高点和零售参与？褪色。需要像BTCFI这样的新举措来重新点燃机构钱包之外的火花。

On-chain gauges are flashing yellow too. MVRV-Z, which tracks how far the market price has stretched above what holders originally paid, is sitting at 2.49 – a zone that's historically preceded corrections as profits build up.

链上的仪表也闪烁着黄色。 MVRV-Z跟踪市场价格超过持有人最初支付的距离的距离，该股价位于2.49，这是在利润积累的历史上进行更正的区域。

Bitcoin Price: A Tug-of-War

比特币价格：拔河

Zooming out from Tiger Research, the broader market paints a more cautious picture. Bitcoin price is currently showing bearish signs, struggling below $113,000. There was an attempt to recover from the $108,734 low, but it hit a wall around $113,000. Failure to break above this resistance zone could trigger another decline, potentially testing supports at $110,750 and $109,500.

从Tiger Research缩小，更广泛的市场描绘了一个更谨慎的画面。比特币价格目前显示出看跌迹象，挣扎着低于$ 113,000。试图从108,734美元的低价中恢复过来，但它撞到了113,000美元左右的墙。未能超越该电阻区可能会引发另一个下降，可能会导致$ 110,750和109,500美元的测试支持。

My Take: Cautious Optimism

我的看法：谨慎的乐观

While the institutional wave is definitely a thing, and firms like Tiger Research make a compelling case, it's crucial to keep a level head. The market's still sensitive, and on-chain data suggests a potential correction. Plus, relying solely on institutional adoption overlooks the importance of retail participation and network activity. It’s like throwing a party and only inviting the Wall Street guys – someone's gotta bring the energy! So, while I'm optimistic about Bitcoin's long-term prospects, I'm also keeping a close eye on those bearish signals.

虽然机构浪潮绝对是一回事，而像Tiger Research这样的公司则是一个引人注目的案例，但要保持水平的头脑至关重要。市场仍然很敏感，链上的数据表明了潜在的纠正。另外，仅依靠机构采用忽略了零售参与和网络活动的重要性。这就像举办聚会，只邀请华尔街的家伙 - 某人必须带来精力！因此，尽管我对比特币的长期前景感到乐观，但我也密切关注那些看跌信号。

Wrapping Up

总结

So, will Bitcoin hit $190,000 by Q3? Maybe. Will the institutional wave carry us to new heights? Possibly. But remember, folks, in the wild world of crypto, anything can happen. Buckle up, stay informed, and maybe keep a little powder dry. After all, a little caution never hurt anyone, especially when dealing with digital gold!

那么，第三季度比特币会达到190,000美元吗？或许。机构浪潮会将我们带到新的高度吗？可能。但是请记住，伙计们，在加密世界的野生世界中，一切都可能发生。扣紧，保持知情，并可能保持一点粉末干燥。毕竟，一点谨慎永远不会伤害任何人，尤其是在处理数字黄金时！