According to Miles Deutscher, BTC treasury companies such as MicroStrategy might act as a key catalyst pushing Bitcoin (BTC) prices toward the $200,000 mark in the near future. Deutscher emphasizes that the accumulation strategies of these firms could fuel a significant rally, but also warns that these same actions could eventually lead to one of the most substantial BTC crashes ever seen, once these companies begin to offload their holdings. Traders should closely monitor treasury accumulation trends as they directly impact Bitcoin price momentum, liquidity, and volatility (source: @milesdeutscher, June 21, 2025).