[Researcher Warns: Don't Expect Institutions to Push Bitcoin to $150,000] BlockBeats News, January 22 – Macro researcher and FFTT founder Luke Gromen stated that, in the absence of significant market catalysts, institutional investors are unlikely to push Bitcoin from its current level of around $90,000 to $150,000 this year. He pointed out that institutions typically adopt a wait-and-see approach rather than chasing highs without clear event-driven triggers. Gromen believes that potential key variables include the progress of the U.S. 'CLARITY Act' and whether the Federal Reserve further cuts interest rates. However, in extreme scenarios, such as a full-scale trade war or economic recession, Bitcoin could even fall back to $60,000, potentially forcing companies holding Bitcoin to sell under pressure. In contrast, CryptoQuant CEO Ki Young Ju stated that institutional demand remains strong, with institutions accumulating approximately 577,000 BTC (around $53 billion) over the past year. Previously, Grayscale also noted that institutional participation and regulatory clarity are key drivers for Bitcoin to reach new highs.