Institutional capital doesn’t chase narratives, it waits for catalysts. Macro researcher Luke Gromen makes a sharp point: Bitcoin doesn’t sprint to $150,000 without structural change. For large allocators, conviction comes from policy clarity and liquidity. A CLARITY Act would de risk custody, compliance, and scale. Fed rate cuts would loosen financial conditions and reignite risk appetite. Until then, institutions remain measured, not bearish. This isn’t hesitation, it’s discipline. When regulation aligns and monetary policy pivots, capital moves decisively. Bitcoin’s next leg higher won’t be hype driven it will be policy enabled, liquidity-fueled, and institutionally confirmed.
BTC
67,414.01
-1.63%