According to Cas Abbé, Bitcoin is in a Wyckoff Distribution phase with a target peak around $120K before April 2025. This phase is expected to be a local top, similar to March 2024, followed by a choppy market for 4-6 months before a potential blow-off top in Q4 2025.

According to KookCapitalLLC, the cryptocurrency market remains resilient despite the decline in Libra. They described the recent market action as a 'diabolical bear trap,' suggesting that current market conditions are deceptive and not indicative of a prolonged downturn. The statement also implies confidence in seeing all-time highs (ATHs) by Q4 2025, emphasizing that only the strong will survive in this volatile market environment.

According to Matt Hougan's analysis on Twitter, Bitcoin ETF assets under management (AUM) showed a drastic increase from $12.4 billion in Q3 to $38.7 billion in Q4 2025. This significant growth suggests an influx of institutional interest, contrary to the belief that Bitcoin ETFs are primarily driven by retail investors. This shift in AUM could impact trading strategies and market dynamics as institutional participation typically brings more liquidity and stability to the market.

According to Cas Abbé, nation-states, big banks, ETFs, and companies are actively purchasing Bitcoin, propelling its price towards a target of $125K. This institutional interest is seen as a driving force behind Bitcoin's current upward trajectory, with potential for a peak between $160K-$180K by Q4 2025.