According to Bloomberg's latest report, institutional inflows and regulatory developments are identified as the primary drivers of Bitcoin price movement for 2024 (source: Bloomberg). The report highlights that increased ETF adoption and growing corporate treasury allocations to Bitcoin are expected to influence short-term trading volumes and liquidity. Bloomberg analysts note that traders should closely monitor U.S. regulatory announcements and ETF inflow data, as these factors have shown strong correlations with large price swings and volatility in crypto markets (source: Bloomberg).