Robust demand for Bitcoin re-emerged over the weekend. The world's leading crypto asset simply used its most recent local lows at the top of the $108,000 big figure on September 26, as a new starting point to jump by more than $5,000 to $114,000+ area already this Monday. A moderate decline in Bitcoin prices to roughly the same values, then followed by a very short but effective period of fast recovery, is happening in the 20th of a month for the second time in a row, both in August and September. This could be related to some stabilization of planned institutional dip buying from large market-making banks. Liquidation waves possibly synchronized with the closing of banking monthly reports as well, with their crypto portfolio positioning being some later resumed from more comfortable levels after achieving monthly financial targets by institutional managers.

Thus, Bitcoin swings become less sharp. Bitcoin's technical support area between $105,000 and $110,000 is strengthening each time as well, with a clear tendency of transforming into a kind of fundamental factor. As a result, a potential slide below $100,000 is becoming much less likely, while further updating historical highs above $125,000 is becoming a matter of time as reputable funds and banks consider it their duty to accumulate large-sized positions. Many of them are trying to hold directional crypto investments via options contracts.

Just a few days ago, Deutsche Bank suggested a convergence between Bitcoin and Gold. Considering how quickly Gold is breaking new highs, this can only mean another uptrend projection for Bitcoin as well. Here we see how a major European bank has substantially joined the chorus of experts from the authentic crypto communities who have long been promoting the idea of Bitcoin as digital gold. Bitcoin follows in real Gold's footsteps, so that it may take a proper place in the reserves of central banks by 2030, the largest German bank's research group predicted, noting that Bitcoin’s 30-day volatility dropped to historic lows in August even as the price hit an all-time high and a decrease in the volatility of crypto currencies is natural as institutional adoption grows. Gold and Bitcoin "should be able to coexist on central bank balance sheets" while "emerging markets, with inflationary pressures, might benefit more from using Bitcoin as a reserve asset", according to the letter.

"History appears to be repeating itself. Like Bitcoin, gold was once subject to scepticism, suspicion, and demand speculation," Deutsche Bank claimed, adding that "we may be witnessing the start of a gradual decoupling between Bitcoin's spot prices and volatility as the crypto's integration into portfolios is maturing". They also mentioned that regulatory uncertainty in key markets like the U.S. and UK "crumbles amid a surge in adoption" among traditional investors and financial institutions.