The Fed just hiked rates, the CLARITY Act stalled, and BTC still recovered toward $87K. More importantly, U.S. spot Bitcoin ETFs recorded five straight inflow sessions, including nearly $999M on September 21.
That tells us something important: buyers are increasingly willing to absorb macro and regulatory shocks.
Tiger Research’s $250K target by 2029 is therefore interesting not because $250K sounds exciting, but because its framework is based on Bitcoin’s expanding monetary role, investor cost bases and its valuation relative to gold.
But the key risk remains liquidity. If yields keep rising and ETF flows reverse, the bullish structure could be tested again.
For me, the next question isn’t “Can BTC reach $250K?” It’s whether Bitcoin can turn the $80K–$85K zone into long-term support.
@Capital_Insights [贱笑]
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