Recently, an international financial institution made a positive outlook on the future trend of Bitcoin. The institution predicts that the price of Bitcoin is expected to reach a new high of $135,000 by the end of the third quarter, and break the $200,000 barrier before the end of the year.

This optimistic expectation is mainly based on two key factors: strong capital inflows into exchange-traded funds (ETFs) and corporate treasury's increase in Bitcoin holdings. These emerging market dynamics break the traditional pattern of Bitcoin's price decline in the 18 months following past halving cycles.

The head of digital asset research at the institution stated that these two driving factors did not exist in previous halving cycles and are expected to become important forces supporting the continuous rise of Bitcoin prices. However, he also reminded investors that there may be a certain degree of volatility in the market from the end of the third quarter to the beginning of the fourth quarter.

It is worth noting that although institutions are optimistic about the long-term trend of Bitcoin, the high volatility of the cryptocurrency market still exists. Investors should fully consider market risks and reasonably allocate their assets when making decisions.

With the continued attention and participation of institutional investors, the maturity of the Bitcoin market is gradually increasing. However, changes in the regulatory environment and fluctuations in the macroeconomic situation may still have a significant impact on Bitcoin prices. Therefore, market participants need to remain vigilant and closely monitor various market information.