"Wall Street's Pick"...Bitcoin, $100,000 Breakthrough Becomes More Realistic

▲ Bitcoin (BTC), institutional/AI-generated image

As major Wall Street banks simultaneously make bullish bets on Bitcoin, the scenario of breaking through $100,000 is emerging as a realistic goal.

According to the cryptocurrency specialized media Bitcoinist on April 27 (local time), major global banks and institutional investors are highly evaluating Bitcoin's mid-to-long-term upside potential, presenting price forecasts ranging from a minimum of $100,000 to a maximum of $500,000. It has been observed that various financial institutions, hedge funds, and venture capitalists are sharing bullish scenarios in the market.

In particular, major investment banks such as JPMorgan, Goldman Sachs, and Citi predicted that Bitcoin could reach the $100,000 to $200,000 range within the next few years. This analysis is premised on the inflow of institutional funds and the expansion of mainstream financial participation.

Such forecasts are based on actual changes in market structure. Following the approval of Bitcoin spot ETFs, institutional fund inflows have continued, and cases of traditional financial institutions including Bitcoin in their asset allocation strategies are rapidly increasing.

Furthermore, some analyses have set targets indicating that Bitcoin could rise to levels between $170,000 and $189,000 in the long term. It is evaluated that if Wall Street funds begin to flow in earnest, Bitcoin's status as an alternative investment asset will be further strengthened.

In the market, the prevailing view is that the expansion of institutional-led demand, separate from short-term volatility, is acting as a key driver for long-term growth. A clear structural shift from a retail investor-centric market to an institution-led market is becoming evident.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*