克里斯托弗·伍德 (Christopher Wood) 计划以 150,000 美元的价格出售比特币，表示尽管当前市场状况不佳，但他仍然相信比特币的潜力

Jefferies 股票策略全球主管 Christopher Wood 宣布，一旦价格达到 15 万美元，他打算出售其持有的比特币

Christopher Wood, global head of equity strategy at Jefferies, has announced his intention to sell his Bitcoin holdings once the price reaches $150,000, a 53% increase from current levels.

杰富瑞 (Jefferies) 全球股票策略主管克里斯托弗·伍德 (Christopher Wood) 宣布，一旦比特币价格达到 15 万美元（较当前水平上涨 53%），他打算出售其持有的比特币。

Currently, Wood has allocated 10% of his global portfolio for a US dollar-denominated pension fund to Bitcoin.

目前，伍德已将其全球投资组合的 10% 用于以美元计价的养老基金，投资于比特币。

As of Friday, Bitcoin (BTC) reached a high of $99,300, just shy of the anticipated $100,000 threshold following the US election.

截至周五，比特币 (BTC) 达到 99,300 美元的高位，略低于美国大选后预期的 100,000 美元门槛。

Wood initially invested in Bitcoin in the pension fund portfolio in December 2020 when the price was $22,779.

伍德最初于 2020 年 12 月在养老基金投资组合中投资了比特币，当时价格为 22,779 美元。

Additionally, he holds a 5% stake in a Bitcoin exchange-traded fund (ETF) in his global long-only equity portfolio.

此外，他在其全球多头股票投资组合中持有比特币交易所交易基金 (ETF) 5% 的股份。

Emphasizing that he does not intend to actively trade these positions, particularly in the pension fund portfolio, Wood expressed his views in his weekly note — GREED & fear.

伍德强调他不打算积极交易这些头寸，特别是在养老基金投资组合中，他在每周报告中表达了他的观点——贪婪与恐惧。

“For those with a more tactical focus, or owning Bitcoin on leverage, GREED & fear’s view is that $150,000 is a good price level to start taking some profits since GREED & fear’s base case is that Bitcoin will rally three times in this post-halving cycle since the trend has been for the capital gains on holding Bitcoin to more than halve following each halving cycle,” Wood wrote.

“对于那些更具战术重点或通过杠杆持有比特币的人来说，贪婪和恐惧的观点是，150,000 美元是开始获利了结的良好价格水平，因为贪婪和恐惧的基本情况是比特币将在减半后反弹三倍伍德写道：“趋势是，在每个减半周期后，持有比特币的资本收益都会减少一半以上。”

Highlighting the anticipation of a price surge to $150,000, Wood’s strong belief in the potential of Bitcoin is evident, despite current market conditions.

尽管当前的市场状况不佳，伍德仍然对比特币的潜力抱有坚定的信念，这凸显了价格飙升至 150,000 美元的预期。

This optimism is based on the expectation that the new administration under President-elect Donald Trump will implement more favorable regulatory policies towards cryptocurrencies, as indicated by potential changes at the SEC.

这种乐观情绪是基于对当选总统唐纳德·特朗普领导下的新政府将对加密货币实施更有利的监管政策的预期，美国证券交易委员会的潜在变化表明了这一点。

“It is also worth noting that Howard Lutnick, the co-chair of Trump’s transition team as well as Trump’s pick to be Commerce Secretary, is also a champion of Bitcoin and crypto. It is also the case that Lutnick is chief executive officer of Wall Street firm Cantor Fitzgerald, which is one of the major custodians of the crypto world’s major stablecoin Tether in terms of where the latter deposits its dollars,” Wood wrote.

“还值得注意的是，特朗普过渡团队联合主席以及特朗普挑选的商务部长霍华德·卢特尼克也是比特币和加密货币的拥护者。卢特尼克也是华尔街公司 Cantor Fitzgerald 的首席执行官，该公司是加密货币世界主要稳定币 Tether 的主要托管人之一，后者存放美元。”伍德写道。

Bitcoin has experienced significant growth over the past year, increasing by 164% from around $37,000 to nearly $98,300. This growth comes despite the cryptocurrency undergoing a halving in April 2024.

比特币在过去一年经历了显着增长，从 37,000 美元左右上涨到近 98,300 美元，增长了 164%。尽管加密货币在 2024 年 4 月经历了减半，但这种增长还是出现了。

Bitcoin's ups and downs

比特币的涨跌

Historically, Bitcoin has seen substantial gains following previous halvings. After the first halving on 28 November 2012, Bitcoin's value soared by approximately 90 times within the following 12 months. The second halving, which took place on 9 July 2016, resulted in a 30-fold increase in value over the next 18 months.

从历史上看，比特币在之前的减半之后已经出现了大幅上涨。 2012 年 11 月 28 日第一次减半后，比特币的价值在接下来的 12 个月内飙升了约 90 倍。第二次减半发生于 2016 年 7 月 9 日，导致未来 18 个月价值增长 30 倍。

Following the third halving on 11 May 2020, Bitcoin's value surged by 7.5 times within 11 months, reaching a peak in April 2021. By November 2021, Bitcoin had increased by eight times, reaching an all-time-high of $68,992. After the most recent halving on 19 April 2024, Bitcoin has continued to rise by 54%, reaching levels of $98,300.

继2020年5月11日第三次减半后，比特币价值在11个月内飙升7.5倍，并于2021年4月达到顶峰。到2021年11月，比特币已上涨8倍，达到68,992美元的历史新高。在 2024 年 4 月 19 日最近一次减半之后，比特币继续上涨 54%，达到 98,300 美元的水平。

Based on Coinmarketcap data, Bitcoin surged by 4% over the past 24 hours, reaching a peak of $99,314.95 during Asian trading hours. The lowest point of the day was recorded at $95,656.35. Bitcoin's total market capitalization neared the $2 trillion threshold but was limited to $1.97 trillion for the day.

根据Coinmarketcap数据，比特币在过去24小时内飙升4%，在亚洲交易时段达到99,314.95美元的峰值。当日最低点录得 95,656.35 美元。比特币总市值逼近2万亿美元大关，但当日仅限于1.97万亿美元。

Wood's Bitcoin advice

伍德的比特币建议

Bitcoin has seen a surge in value following Donald Trump's victory in the US election, securing his position as the next President of the United States. Earlier this year, Trump expressed his support for cryptocurrency assets. His endorsement was further bolstered by the vocal backing of Elon Musk, widely regarded as a significant advocate for digital currencies on a global scale.

唐纳德·特朗普在美国大选中获胜后，比特币的价值飙升，确保了他作为下一任美国总统的地位。今年早些时候，特朗普表达了对加密货币资产的支持。他的支持得到了埃隆·马斯克(Elon Musk)的大力支持，埃隆·马斯克被广泛认为是全球范围内数字货币的重要倡导者。

Even with the recent increase in price, Wood maintains that Bitcoin should not be seen as a replacement for gold. Gold has experienced significant price growth against major currencies since the beginning of 2023, including 73% against the yen, 54% against the renminbi, 50% against the euro, and 40% against the Swiss franc. Instead, Bitcoin should be considered as a digital alternative to traditional assets.

即使最近价格上涨，伍德仍然认为比特币不应被视为黄金的替代品。自2023年初以来，黄金兑主要货币的价格大幅上涨，其中兑日元上涨73%，兑人民币上涨54%，兑欧元上涨50%，兑瑞郎上涨40%。相反，比特币应该被视为传统资产的数字替代品。

“It is becoming risky to ignore crypto for many institutional investors who have still not focused on it. This is because the Trump administration’s seeming championing of it means it is about

“对于许多尚未关注加密货币的机构投资者来说，忽视加密货币正变得越来越危险。这是因为特朗普政府表面上对此的支持意味着它是关于