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BTC's current price of $260,000 is actually just a return to rational valuation. Look at the situation after the last gold market peak: Bitcoin quadrupled in just a few months. Comparing asset scales—Bitcoin's market cap is $1.75 trillion, while silver is $4 trillion. What does this gap tell us? Global assets have grown by $50 trillion over four years, yet the overall crypto market cap has shrunk. How can this be a bubble?
Real estate, stocks, gold, and commodities are all being re-priced, but the crypto market is repeatedly being dumped and cleaned out. Instead of calling it a bubble, it's more accurate to say it's deliberately suppressed and undervalued. Historical data clearly illustrates this: in 2013, the crypto market cap was less than $100 billion; by 2017, it reached $800 billion; and in 2021, it surged to $3 trillion. Following this growth trajectory, by 2026, the crypto market cap should be at least $7.5 trillion. Buying the dip now will lead to truly huge profits in the future.