Increased participation from institutional investors is a significant driver for Bitcoin's price appreciation. As more institutions allocate capital to Bitcoin, it can create upward pressure on its value.
However, the path to $100,000 is not without its challenges. "Liquidity traps," where buyers are unable to find sellers, can lead to increased volatility and price swings. These events can disrupt upward momentum and create uncertainty.
For Bitcoin to reach and sustain the $100,000 level, the market will need to balance the forces of institutional demand with the potential for liquidity-driven volatility. A smooth and sustainable ascent will require robust market infrastructure and continued investor confidence.