Institutional Money is Fleeing to Bitcoin Amid Economic Chaos, Predicts MEXC's Tracy Jin

Hang onto your hats, folks! The economic world's gone haywire, and institutions are scrambling to rethink their game plans. But guess what? This wild ride might just be Bitcoin's golden ticket, according to Tracy Jin, the sharp COO of MEXC exchange.

We're talking about a rollercoaster of a macroeconomic scene here. Companies are ditching their old-school investment strategies faster than you can say "bull market." And where's all that cash headed? Straight to Bitcoin, baby! Jin spilled the beans to us, saying the surge in institutional interest could send BTC's price skyrocketing to a jaw-dropping $140,000.

Jin's dropping truth bombs left and right. She's seeing a tidal wave of corporations pivoting hard towards Bitcoin, chucking U.S. Treasurys out the window. Those Treasurys used to be the go-to safe haven, but not anymore. They've lost their mojo, and institutional money's fleeing faster than a crypto whale after a flash crash.

"Listen up, this isn't just running from risk—we're ditching the old risk model entirely. Bond yields in the U.S. and Japan are going nuts, sovereign debt's flashing danger signals, and even the last AAA credit rating's gone kaput. For ages, Treasurys were the rock during stormy times. Now? Capital's sprinting away from them like they're on fire. Japanese institutions are rethinking their U.S. bond exposure, and American investors are watching as political tensions start messing with Fed policy decisions," Tracy Jin, MEXC.

The bond exodus got turbocharged when Moody's slashed the U.S. credit rating, kissing that perfect score goodbye. The U.S. dollar's allure is tanking with government debt, trade policy, and pressures hitting it from all sides, especially for overseas investors.

Bitcoin's price could reach $140,000: Jin

So what's happening in the Bitcoin world? ETFs are seeing a flood of cash, pulling in a whopping $2.75 billion, mostly from institutions hungry for a piece of the action. If this wild uncertainty keeps up, more investors might jump on the Bitcoin bandwagon. Jin's putting her money where her mouth is, predicting BTC could hit that $140,000 mark as early as this summer.

"If corporate finance and institutional momentum keep up their pace, Bitcoin's set to smash through the $109,500 and $111,000—$112,000 resistance levels in the coming weeks and charge towards the $140,000 range by the end of summer," Tracy Jin, MEXC.

But hold up, it's not all sunshine and rainbows. Jin's keeping it real, admitting that if the macro uncertainty gets too heavy and crushes corporate demand, Bitcoin's upward climb could stumble. The $100,000 level's still a solid support, and BTC's staying bullish unless it tanks below $94,000.