Bitcoin's price is currently struggling to maintain a $100,000 value, but significant shifts in regulations and institutional adoption could change this. Key factors influencing Bitcoin's sustainable price rise include regulatory changes enabling broader institutional participation, changes to retirement investment restrictions, and increased recognition of Bitcoin as a strategic reserve asset. Strict regulations hinder institutional adoption, with many pension funds and wealth management firms unable to invest in Bitcoin ETFs due to internal guidelines. Additionally, the Federal Reserve's interest rate policy, maintaining high capital costs, continues to suppress growth and speculative investments. The potential repeal of SAB 121 guidance could enhance banks' ability to classify custodial crypto holdings, while easing ERISA rules could lead to significant capital inflows into Bitcoin from retirement accounts. Moreover, Bitcoin may gain acceptance as a strategic asset with the incoming presidential administration, reducing selling pressure and solidifying its position as a legitimate investment.

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