比特币的长期价格轨迹继续引发辩论

比特币的长期价格轨迹继续引发辩论，标准宪章的杰夫·肯德里克（Geoff Kendrick）预测，BTC到2028年可能达到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.

标准包机预测，由于投资者的访问和市场波动逐渐下降，比特币（BTC）到2028年可能会达到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.

标准宪章的数字资产负责人杰夫·肯德里克（Geoff Kendrick）表示，最近在美国获得比特币交易所交易基金（ETF）的批准是扩大投资者访问权限并为更大机构参与铺平道路的重要一步。

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.

在特朗普政府的领导下，他在周一给Coindesk的一封电子邮件中指出，在结构层面上，对比特币投资可及性的进一步改进已经开始加速。

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

根据标准特许的最新预测，比特币的价格可能会在未来几年内遵循这一道路：

Bitcoin ETFs, maturing markets could reduce volatility

比特币ETF，成熟市场可以降低波动

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.

比特币长期上升的关键因素之一是比特币ETF市场的成熟以及支持BTC交易的更强大的金融基础设施的发展。

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.

肯德里克认为，随着比特币ETF吸引更多的机构资本，市场流动性将有所改善，有助于逐渐降低波动率。反过来，较低的波动性将使比特币对大型投资者和公司更具吸引力，从而进一步加剧采用和价格升值。

“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.

这位标准的特许战略家说：“这种上涨价格的反馈循环吸引了更多的资本，从而降低了波动性，并使资产类别对更大的投资者更具吸引力，这应该有助于推动比特币价格在我们的覆盖范围内更高的倍数。”

Others see BTC at $1M even sooner

其他人甚至早就看到BTC $ 100万

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

尽管《标准宪章》预测到2028年的$ 500,000 BTC，但其他分析师认为比特币甚至更早地达到100万美元。

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，比特币早在2027年就可能达到100万美元。《风险和金融管理杂志》发表的一项研究概述了如何增加机构需求，减半周期的供应限制以及菲亚特货币价值下降的方式如何将BTC推向BTC到七个数字中。接下来的三年。

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.

这与Anthony Pompliano的最新比特币预测相吻合，在那里他重申了自己的超级态度，并指出比特币的距离为100万美元及以后。

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.

尽管标准特许和其他分析师呼吁BTC到2028年达到半百万美元，但我们自己的Concodex预测更为保守。

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.

我们估计，到2029年，比特币将超过300,000美元，与某些机构设定的激进时间表相比，收养和资本流入的速度更高。