#比特币价格走势与投资策略# Looking back at the development of Bitcoin over the past decade, I have witnessed its journey from obscurity to the spotlight. Recently, I heard Cathie Wood predict that Bitcoin's price will exceed 1 million USD within 5 years, which makes me reflect a lot. As an early participant, I have experienced countless big pumps and big dumps, and I deeply understand the importance of market cycles. Bitcoin has risen from just a few cents at its inception to nearly 20,000 USD in 2017, and then faced a deep pullback in 2018; each big pump and big dump has validated the key strategies of investment.

In the long term, Bitcoin has enormous potential as a store of value and a channel for institutional entry. However, in the short term, price fluctuations will remain severe. My advice is: be patient, make proper asset allocation, and do not let short-term fluctuations affect your judgment. Looking back at history, each cycle of bull and bear markets has its characteristics, but the core logic remains unchanged - scarcity and decentralization are the fundamental values of Bitcoin.

No matter what the future holds, Bitcoin has already changed the financial landscape. As witnesses and participants, we have a responsibility to document this history and leave valuable lessons for future generations. After all, history is always astonishingly similar, yet each time it is different. Let us remain cautiously optimistic and continue to pay attention to this financial revolution that is unfolding.