QCP Capital published an analysis saying that it is becoming increasingly difficult to find reasons to be bearish on the spot price of Bitcoin. However, the options market has issued a warning that even if the spot continues to hit new highs, the market still favors put options, perhaps indicating that people prefer to hedge rather than actively chase the rally. VanEck predicts that the cryptocurrency market will reach a "mid-term" peak in the first quarter of 2025, and the target price of Bitcoin is $180,000, driven by continued bullish sentiment. More optimistically, the Financial Accounting Standards Board (FASB) has adopted fair value accounting to account for Bitcoin and other digital assets, allowing companies to reflect fair value gains directly in their net income-a game-changer for the finances of companies holding BTC. Driven by a supportive regulatory environment, this could trigger a cross-asset feedback loop in which companies holding BTC will find it easier to raise funds, potentially stimulating institutional demand for BTC in a nonlinear way.