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Logical analysis: The long-term rise of Bitcoin has become an established trend

Original: john316999 2024.04.08

Cathay Wood, known as the "female version of Buffett", said at the Bitcoin Investor Day conference held in New York some time ago:

In a bull market scenario, the price of Bitcoin may reach $3.8 million in 2030.

This is a significant increase of $2.3 million from the $1.5 million she predicted a few months ago.

The price of a Bitcoin is currently fluctuating around $70,000. So far, the historical highest price of Bitcoin has not exceeded $74,000.

Cathay Wood, formerly known as Catherine Wood, is the founder of Ark Investment Management. This sister has always been "shocking".

In December 2022, von der Leyen announced that the EU had frozen 300 billion euros of Russian central bank reserves.

The characteristics of technical credit, which is open, transparent and not subject to human manipulation, are actually more convincing than government credit to some extent.

Behind the value of any asset, there is credit. From this dimension, there is no difference between Bitcoin and sovereign currency. The only difference is the strength and robustness of credit.

Bitcoin's technical credit is reflected in the fact that it is not only safe and not subject to human manipulation, but also will not be abused like sovereign currency.

The total supply limit of 21 million and the number of new Bitcoins mined by regular halving are making it more and more attractive.

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