QCP: Bitcoin continued to hit record highs last week, but non-institutional demand remains strong
2025-10-06 09:59:11
According to a research report released by QCP, Bitcoin broke through the $125,000 mark last weekend, setting a new record high, and continued to rise without ETF inflows or institutional support. Despite rising funding rates and signs of overheating, non-institutional demand remains strong, and whales appear to be holding steady rather than taking profits. The US government shutdown has reignited Bitcoin's safe-haven properties, and bullish seasonality is likely to continue to drive market momentum. But with leverage on the rise and institutional inflows critical, it is still worth watching whether Bitcoin maintains its October breakout momentum.
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