A target price of 1.3 million USD—could it be that it’s even being conservative? Against the backdrop of steadily rising global currency uncertainty, BTC’s “asset attributes” are being repriced. Bitcoin’s position is no longer just that of a risk asset, but is gradually becoming part of a capital-hedging system. Some believe that by 2035, the target price of 1.3 million USD may even be on the conservative side. It’s not that prices are getting exaggerated, but that the reference framework is changing. When traditional currency paths are unstable, capital will naturally look for new anchors.

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