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Cointelegraph by Ciaran Lyons

Luke Gromen: institutions won't push Bitcoin from $90K to $150K without a catalyst

On Wednesday, FFTT founder Luke Gromen said on Coin Stories that institutional investors are unlikely to propel Bitcoin from around $89,880 to $150,000 without a major catalyst. CryptoQuant CEO Ki Young Ju countered that demand remains strong, citing 577,000 BTC (about $53 billion) purchased by institutional funds over the past year. Gromen also floated a potential drop to $60,000.
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