$BTC I can't believe it! JPMorgan is also painting a big picture of "$170,000" for Bitcoin?!
$170,000? Do you believe Morgan Stanley or do you believe I am Emperor Qin Shi Huang?
A JPMorgan analyst said off the top of their head that if Bitcoin can become "digital gold," the price could reach $170,000. This sounds just like a fortune teller saying, "You have an extraordinary bone structure; you will surely achieve great things in the future"—the direction is not wrong, but there are pits all over the road; you won't die from falling!
"Trading like gold"? First, ask yourself if you are worthy
1. The scale is too different: The gold market has a market value of over $10 trillion, while Bitcoin is currently just over $1 trillion at best. Want an elephant to be as agile as a cat? First, ask yourself if you can bear the weight of the elephant!
2. Volatility is a hard injury: A 1% fluctuation in gold in one day is called "oscillation," while a 10% fluctuation in Bitcoin in one day is called "sideways movement." Big institutional players want stability, not a roller coaster ride every day!
3. Consensus is not built on hot air: Gold's consensus has been accumulated over thousands of years, while Bitcoin's consensus has only been built up over a decade or so. Want traditional capital to view you with the same eyes as gold? First, survive the next regulatory cycle and then talk!
Beware! Morgan Stanley's big picture may be for you
When financial institutions suddenly start to turn bullish, there are typically only two possibilities: either they have already built up their positions and need someone to take over; or they are testing market sentiment in preparation for a bigger move. Don't be the fool who watches the pie rush into the kitchen only to find out they are the ingredient.
Remember, all predictions starting with "if" are just playing tricks
"If it’s like gold," "if consensus is reached," "if fully compliant"... these ifs combined could circle the Earth three times. Investment is about the current facts and probabilities, not a science fiction novel's script.
The last heartbreaking sentence:
When mainstream financial institutions start to compare Bitcoin to "gold," it indicates they can no longer find a better story to package it. Is this an upgrade or the end of imagination?
Thank you for reading this, and finally wish you good morning☀ good afternoon🥰 good night💤
$BinanceLife
