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Market analysts have recently made bold predictions: Bitcoin could double in value within the next 60 days, with the price potentially reaching the $175,000 mark. What is their reasoning?
The core idea revolves around asset allocation rotation. Currently, traditional assets such as stocks, real estate, and precious metals are already at historical highs, and investors have limited room to further increase their positions in these areas. In contrast, digital assets like Bitcoin, which previously dropped 35% from $120,000, may be forming long-term appeal from an allocation perspective.
This prediction is indeed aggressive. It is important to note that shifting from traditional assets to cryptocurrencies requires time and market consensus, and it won't happen overnight. However, from the perspective of seeking new liquidity outlets, the logic of asset rotation is not entirely unfounded. The volatility of the crypto market still warrants caution, and investment decisions should be based on one's own risk tolerance.