比特币的价格火箭飞向11万美元：机构投资者助长了历史集会？

在机构兴趣和宏观因素的推动下，比特币眼睛$ 110K。七月的波动会导致新的高点还是震动？扣！

Bitcoin Price Rockets Towards $110K: Institutional Investors Fueling a Historical Rally?

比特币的价格火箭飞向11万美元：机构投资者助长了历史集会？

Bitcoin's price is surging towards $110,000 in early July, driven by strong institutional investment and a favorable macroeconomic backdrop. Can this rally sustain itself, or are we in for a wild ride? Let's dive in.

在7月初，比特币的价格在7月初涨到11万美元，这是在强大的机构投资和有利的宏观经济背景的推动下。这个集会可以维持自己，还是我们要狂野？让我们潜水。

Institutional Investors: The Quiet Revolution

机构投资者：安静的革命

One of the biggest factors driving Bitcoin's recent surge is the increasing involvement of institutional investors. U.S. spot Bitcoin ETFs, led by BlackRock’s IBIT, have seen a net cash inflow of around $12.8 billion in the last three months. This influx of capital signals a growing acceptance of Bitcoin as a legitimate asset class by major financial players. The rising demand from institutional investors has caused a sharp decline of disposable coins on centralized exchanges thus exaggerating the supply vs demand shock.

推动比特币最近激增的最大因素之一是机构投资者的参与日益增加。在过去三个月中，由贝莱德（Blackrock）的IBIT领导的美国现金现金流入约为128亿美元。大量的资本涌入信号越来越多地接受比特币作为主要财务参与者的合法资产类别。机构投资者的需求不断上升，导致一次性交易所的一次性硬币急剧下降，从而夸大了供应与需求冲击。

The Macroeconomic Winds

宏观经济的风

Beyond institutional investment, macroeconomic factors are also playing a crucial role. Bitcoin's price appears to be mirroring the exponential growth of the global money supply (M2). With the U.S. government likely to increase its budget deficit, more money supply in the near term is extremely bullish for Bitcoin. Easing geopolitical tensions amid an anticipated Fed rate cut in the second half of 2025 spells macro bullish sentiment.

除了机构投资之外，宏观经济因素也起着至关重要的作用。比特币的价格似乎正在反映全球货币供应（M2）的指数增长。随着美国政府可能会增加预算赤字，在短期内，更多的货币供应对比特币来说是极其看涨的。在2025年下半场预期的美联储降低的情况下，宽松的地缘政治紧张局势是宏观看涨情绪。

July: A Month of Volatility

七月：一个月的波动

While the overall outlook is positive, July is shaping up to be a volatile month. As K33’s Vetle Lunde puts it, July is “crowded with latent Trump volatility.” Legislative grenades could detonate smoothly (rare, but not impossible), opening a path to $170K. If not, expect a gut-check that shakes out late longs before the real party starts.

虽然整体前景是积极的，但七月正构成一个动荡的月份。正如K33的兽医伦德所说的那样，七月“挤满了潜在的特朗普波动”。立法手榴弹可能会顺利引爆（罕见，但不是不可能的），打开了17万美元的道路。如果没有，请期待肠道检查在真正的聚会开始之前渴望的肠子。

Potential Price Targets

潜在的价格目标

Given these factors, some analysts are setting ambitious price targets. If Bitcoin continues to follow M2, a new all-time high is within reach, potentially pushing the price to $120,000 or even $170,000. However, a retracement towards the $92,000-$96,000 range could invalidate this bullish sentiment.

鉴于这些因素，一些分析师正在设定雄心勃勃的价格目标。如果比特币继续遵循M2，则有一个新的历史最高水平，可能会将价格提高到120,000美元甚至170,000美元。但是，对$ 92,000- $ 96,000范围的回溯可能使这种看涨情绪无效。

My Two Satoshis

我的两个satoshis

While the potential for significant gains is enticing, it's crucial to remain cautious. The cryptocurrency market is known for its volatility, and unexpected events can quickly change the landscape. Don't put all your eggs in one basket. Diversify your investments, do your own research, and only invest what you can afford to lose.

尽管取得巨大收益的潜力是诱人的，但要保持谨慎至关重要。加密货币市场以其波动性而闻名，意外事件可以迅速改变景观。不要把所有的鸡蛋都放在一个篮子里。多样化您的投资，进行自己的研究，只投资您能负担得起的损失。

The Bottom Line

底线

Bitcoin's charge toward $110K isn’t just another ETF-flow head-fake. It’s a cocktail of deficit-driven liquidity, a weaker dollar, and Washington’s sudden love affair with “strategic” crypto. So, is now a good time to buy Bitcoin? That's a decision you need to make for yourself, but all signs point to a potentially exciting ride. Just remember to buckle up, because this month is going to be loud! And keep that popcorn handy!

比特币对$ 110K的费用不仅仅是另一个ETF-Flow Head-Fake。这是赤字驱动的流动性，较弱的美元以及华盛顿与“战略性”加密货币的突然恋爱的鸡尾酒。那么，现在是购买比特币的好时机吗？这是您需要做出的决定，但所有迹象都表明了潜在的激动人心的旅程。只要记住要扣紧，因为这个月会很大！并保持爆米花方便！