比特幣的長期價格軌跡繼續引發辯論

比特幣的長期價格軌跡繼續引發辯論，標準憲章的傑夫·肯德里克（Geoff Kendrick）預測，BTC到2028年可能達到500,000美元

Standard Chartered predicts that Bitcoin (BTC) could reach $500,000 by 2028, thanks to improving investor access and gradually declining market volatility.

標準包機預測，由於投資者的訪問和市場波動逐漸下降，比特幣（BTC）到2028年可能會達到500,000美元。

The recent approval of a Bitcoin exchange-traded fund (ETF) in the United States is a significant step in expanding investor access and paving the way for greater institutional participation, according to Geoff Kendrick, Standard Chartered’s head of digital assets.

標準憲章的數字資產負責人傑夫·肯德里克（Geoff Kendrick）表示，最近在美國獲得比特幣交易所交易基金（ETF）的批准是擴大投資者訪問權限並為更大機構參與鋪平道路的重要一步。

Under the Trump administration, further improvements to Bitcoin investment accessibility have already begun, accelerating adoption at a structural level, he noted in an email to CoinDesk on Monday.

在特朗普政府的領導下，他在周一給Coindesk的一封電子郵件中指出，在結構層面上，對比特幣投資可及性的進一步改進已經開始加速。

According to Standard Chartered’s latest projection, Bitcoin’s price could follow this path over the next few years:

根據標準特許的最新預測，比特幣的價格可能會在未來幾年內遵循這一道路：

Bitcoin ETFs, maturing markets could reduce volatility

比特幣ETF，成熟市場可以降低波動

One key factor in Bitcoin’s long-term rise will be the maturation of the Bitcoin ETF market and the development of more robust financial infrastructure supporting BTC trading.

比特幣長期上升的關鍵因素之一是比特幣ETF市場的成熟以及支持BTC交易的更強大的金融基礎設施的發展。

As Bitcoin ETFs attract more institutional capital, market liquidity will improve, helping to gradually reduce volatility, Kendrick argues. Lower volatility, in turn, would make Bitcoin even more attractive to large investors and corporations, further fueling adoption and price appreciation.

肯德里克認為，隨著比特幣ETF吸引更多的機構資本，市場流動性將有所改善，有助於逐漸降低波動率。反過來，較低的波動性將使比特幣對大型投資者和公司更具吸引力，從而進一步加劇採用和價格升值。

“This feedback loop of rising prices attracting more capital, which in turn reduces volatility and makes the asset class more attractive to even larger investors, should help propel Bitcoin prices several multiples higher over our coverage period,” the Standard Chartered strategist said.

這位標準的特許戰略家說：“這種上漲價格的反饋循環吸引了更多的資本，從而降低了波動性，並使資產類別對更大的投資者更具吸引力，這應該有助於推動比特幣價格在我們的覆蓋範圍內更高的倍數。”

Others see BTC at $1M even sooner

其他人甚至早就看到BTC $ 100萬

While Standard Chartered is forecasting $500,000 BTC by 2028, other analysts believe Bitcoin could reach $1 million even earlier.

儘管《標準憲章》預測到2028年的$ 500,000 BTC，但其他分析師認為比特幣甚至更早地達到100萬美元。

Recent research suggests that Bitcoin could hit $1 million as early as 2027. A study published by the Journal of Risk and Financial Management outlines how increasing institutional demand, supply constraints from the halving cycle and declining fiat currency value could drive BTC to seven figures within the next three years.

最近的研究表明，比特幣早在2027年就可能達到100萬美元。《風險和金融管理雜誌》發表的一項研究概述瞭如何增加機構需求，減半週期的供應限制以及菲亞特貨幣價值下降的方式如何將BTC推向BTC到七個數字中。接下來的三年。

This aligns with Anthony Pompliano’s latest Bitcoin prediction, where he reaffirmed his ultra-bullish stance, stating that Bitcoin is on track for $1 million and beyond.

這與Anthony Pompliano的最新比特幣預測相吻合，在那裡他重申了自己的超級態度，並指出比特幣的距離為100萬美元及以後。

CoinCodex’s more conservative outlook

Concodex的更保守的前景

While Standard Chartered and other analysts are calling for BTC to reach half a million dollars by 2028, our own CoinCodex projection is more conservative.

儘管標準特許和其他分析師呼籲BTC到2028年達到半百萬美元，但我們自己的Concodex預測更為保守。

We estimate that Bitcoin will surpass $300,000 by 2029, with a more measured pace of adoption and capital inflows compared to the aggressive timelines set by some institutions.

我們估計，到2029年，比特幣將超過300,000美元，與某些機構設定的激進時間表相比，收養和資本流入的速度更高。