比特幣價格預測：到 2025 年，BTC 預計將達到 20 萬美元，到 2033 年將達到 100 萬美元

比特幣 (BTC) 預計到明年年底將達到 20 萬美元，高於去年的 15 萬美元目標價。

Investment and research firm Bernstein Research has projected that Bitcoin, being the oldest and largest cryptocurrency in the world, is bound to hit the $200,000 mark by the end of next year. This projection comes as an increase from the $150,000 price target set by Bernstein last year.

投資研究公司 Bernstein Research 預計，比特幣作為世界上最古老、最大的加密貨幣，到明年年底必將突破 20 萬美元大關。這項預測較 Bernstein 去年設定的 15 萬美元目標價有所提高。

Several key factors are said to be contributing to this anticipated surge in Bitcoin price. These include the upcoming U.S. election, the level of institutional demand and adoption, and potential shifts in regulatory landscape.

據說有幾個關鍵因素導致了比特幣價格的預期飆升。其中包括即將到來的美國大選、機構需求和採用的水平以及監管環境的潛在變化。

If Donald Trump wins the presidential race on Nov. 5, there are speculations that the chair of the Securities and Exchange Commission (SEC) and the Secretary of Treasury will be filled by pro-crypto personalities.

如果唐納德·川普 (Donald Trump) 贏得 11 月 5 日的總統競選，有人猜測美國證券交易委員會 (SEC) 主席和財政部長將由支持加密貨幣的人士擔任。

Among those being considered for the roles are Howard Lutnick, CEO of Cantor Fitzgerald, and Scott Bessent, founder of Key Square Group, who might be replacing Janet Yellen as cash-keeper.

正在考慮擔任這些職位的人包括Cantor Fitzgerald 執行長霍華德·盧特尼克(Howard Lutnick) 和Key Square Group 創始人斯科特·貝森特(Scott Bessent)，他們可能會取代珍妮特·耶倫( Janet Yellen) 擔任現金保管人。

Another factor that is expected to boost Bitcoin price is the increasing institutional demand, with several major companies acquiring Bitcoin or any crypto-related product like an exchange-traded fund (ETF).

預計將推高比特幣價格的另一個因素是機構需求的增加，幾家大公司收購了比特幣或任何與加密貨幣相關的產品，如交易所交易基金（ETF）。

The latest move was seen from Goldman Sachs, which upped its stake in BlackRock's Spot Bitcoin ETF, iShares Bitcoin Trust ETF (IBIT), to the tune of $710 million.

高盛採取了最新舉措，將其在貝萊德現貨比特幣 ETF iShares 比特幣信託 ETF (IBIT) 的持股增加至 7.1 億美元。

Further, U.S. Republican Senator Cynthia Lummis introduced the Bitcoin Act and the Bitcoin Strategic Reserve plan, which would introduce Bitcoin as a financial reserve in addition to gold.

此外，美國共和黨參議員辛西婭·盧米斯(Cynthia Lummis)提出了《比特幣法案》和《比特幣戰略儲備計劃》，該計劃將引入比特幣作為黃金以外的金融儲備。

Bernstein analysts also projected that Bitcoin ETF would account for roughly 15% of the “digital gold” circulating supply by 2033. This, in relation to Bitcoin price, could lead to a surge to over $500,000 by the end of 2029 and $1 million by the end of 2033.

Bernstein 分析師也預測，到2033 年，比特幣ETF 將佔「數位黃金」流通供應量的約15%。飆升至100 萬美元。

“We believe that the U.S. regulated ETFs were the watershed moment for crypto that brought in structural demand from traditional pools of capital,” Bernstein's analysts Gautam Chhugani and Mahika Sapra noted.

Bernstein 分析師 Gautam Chhugani 和 Mahika Sapra 指出：“我們認為，美國監管的 ETF 是加密貨幣的分水嶺，它帶來了傳統資本池的結構性需求。”

Since being introduced in mid-January this year, Bitcoin spot ETFs have attracted around $28 billion in inflows, according to CoinMarketCap data. This move has also prompted other countries to launch similar products in their respective markets.

根據 CoinMarketCap 的數據，自今年 1 月中旬推出以來，比特幣現貨 ETF 已吸引約 280 億美元的資金流入。此舉也促使其他國家在各自市場推出類似產品。