🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
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⏰ Ends on May 4, 16:00 PM (UTC)
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Bitcoin: Just Need Whales to 'Play Big' and the Price Will Skyrocket!
Alright, let me explain in an easy-to-understand way, in the style of Gen Z, okay!
• Scenario 1 - Strong growth: If everyone recognizes Bitcoin as the "king", large institutions invest heavily, then the price could go up from 250,000 - 500,000 USD within the next 5-10 years. • Scenario 2 - Average: If Bitcoin remains a mild defensive asset (similar to 2-5% of the portfolios of big players), the price will range from $100,000 to $250,000. • Scenario 3 - Caution: Some large investors play moderately, not pumping too much money in, then the price could hover around 70,000 - 100,000 USD only. 5. It sounds easy but also has risks, you know • Tightening regulations: If major countries like the US or China start tightening Bitcoin too much, the price will be affected. • Competition from national digital currencies: The emergence of government-issued digital currencies may threaten Bitcoin's position. • Acceptance by companies, countries: If more and more large companies or even countries accept Bitcoin like El Salvador, then the future of Bitcoin will be as bright as the sun. In conclusion, if the 'big players' who have just lightly entered with 2% already see the price of Bitcoin rise like that, then if they play big, add more, it's not surprising if Bitcoin reaches 100,000 - 500,000 USD in the future.