Luke Gromen, founder of FFTT, has expressed skepticism about Bitcoin reaching $150,000 this year without significant market catalysts. He highlighted that institutional investors typically prefer a cautious approach, waiting for clear event-driven reasons before driving prices higher. Gromen pointed to potential influences such as the U.S. CLARITY Act's progress and Federal Reserve interest rate decisions. He also warned that extreme scenarios like a trade war or recession could see Bitcoin fall to $60,000, prompting forced sales. Meanwhile, CryptoQuant CEO Ki Young Ju reported strong institutional demand, with institutions accumulating 577,000 BTC, valued at approximately $53 billion, over the past year. Grayscale has also emphasized the importance of institutional participation and regulatory clarity in achieving new Bitcoin price highs.