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Bitwise欧洲研究主管André Dragosch预测比特币或于2029年达到100万美元,市值将超越黄金(当前21.7万亿美元)。其分析指出,2025年周期内比特币基础目标价为20万美元,若美国政府通过“预算中性”策略直接配置比特币,则可能升至50万美元。美国现货比特币ETF首年表现超预期,贝莱德IBITETF创下历史最快增长记录。Dragosch认为,随着美林证券、摩根士丹利等大型投行渠道逐步开放,“结构性资金流入”将延长比特币周期。