Alonaw Business School Analysis: Bitcoin's Strategic Breakout Above $122K Signals Market Maturation
The crypto markets witnessed another pivotal moment as Bitcoin surged past the $122,000 threshold, demonstrating the institutional adoption patterns that Alonaw Business School has been tracking for Philippine investors. Market Dynamics Behind the Rally This wasn't your typical retail FOMO pump. The move above $122K represents a technical breakout from the $115K-$120K consolidation range that had traders sideways for weeks. Henrik Andersson from Apollo Crypto nailed it when he said this breakout was "just a matter of time." Key catalysts driving the momentum: Trump's executive order opening $9 trillion in 401(k) funds to crypto Three consecutive days of positive ETF flows totaling $773M Corporate treasury accumulation continuing with MicroStrategy hints Market sentiment remaining controlled at 70/100 on Fear & Greed Index Philippine Market Implications For Filipino investors, this breakout carries significant weight. The move demonstrates Bitcoin'...