比特幣（BTC）的預測變得越來越黯淡，因為價格可能會大幅下跌

比特幣網路成長的停滯令 Jurrien Timmer 感到擔憂。 Peter Brandt 表示，比特幣可能會跌至 48,000 美元。

The recent bitcoin forecasts are painting a gloomy picture. According to fresh analyses, the crypto could be headed for a substantial price drop. This alarming prospect is already starting to instill doubt among investors, especially with the increased volatility and troubling market signals that continue to raise questions about bitcoin's immediate future.

最近的比特幣預測描繪了一幅悲觀的景象。根據最新的分析，加密貨幣的價格可能會大幅下跌。這種令人擔憂的前景已經開始在投資者中引起疑慮，特別是隨著波動性的增加和令人不安的市場訊號繼續引發人們對比特幣近期前景的疑問。

Stagnation in Bitcoin network growth worries Jurrien Timmer

比特幣網路成長停滯令 Jurrien Timmer 感到擔憂

According to Jurrien Timmer of Fidelity Investments, bitcoin’s valuation is closely tied to the dynamics of its network, which he describes as “exponential gold.” This metaphor highlights the digital scarcity of bitcoin and its potential as a store of value. The analyst explains that the increase in bitcoin’s price generally follows the power curve of its network's growth, reflecting a development pattern observed in various technological innovations.

富達投資公司的 Jurrien Timmer 表示，比特幣的估值與其網路的動態密切相關，他將其描述為「指數黃金」。這個比喻強調了比特幣的數位稀缺性及其作為價值儲存手段的潛力。這位分析師解釋說，比特幣價格的上漲通常遵循其網路成長的功率曲線，反映了各種技術創新中觀察到的發展模式。

However, Timmer has recently observed a worrying slowdown in this growth. While bitcoin’s price continues to rise, he notes a notable divergence between the crypto’s value and its network expansion. For him, this situation is concerning and could hinder bitcoin’s ability to reach new heights. He asserts that for the queen of cryptos to return to a solid bullish dynamic, a significant acceleration in its network growth is indispensable.

然而，蒂默最近發現這種增長出現令人擔憂的放緩。儘管比特幣的價格持續上漲，但他指出加密貨幣的價值與其網路擴張之間存在顯著差異。對他來說，這種情況令人擔憂，並可能阻礙比特幣達到新高度的能力。他斷言，要使加密貨幣女王恢復強勁的看漲動態，其網路成長的顯著加速是必不可少的。

Bitcoin could drop to $48,000 according to Peter Brandt

Peter Brandt 表示，比特幣可能會跌至 48,000 美元

While Jurrien Timmer merely expresses concerns, Peter Brandt, an experienced analyst, presents a much more pessimistic outlook for bitcoin. Contrary to those predicting a spectacular rise, Brandt asserts that the current bullish cycle for bitcoin might already be over. Based on previous bullish cycles, he observes a trend of diminishing gains. For instance, the 2011/2013 cycle saw an 82% reduction in gains compared to the 2010/2011 cycle, and this trend continued with similar decreases of 79% and 82% in subsequent cycles.

雖然 Jurrien Timmer 只是表達了擔憂，但經驗豐富的分析師 Peter Brandt 對比特幣的前景卻持悲觀得多。與那些預測比特幣大幅上漲的人相反，布蘭特斷言，當前比特幣的看漲週期可能已經結束。根據先前的看漲週期，他觀察到收益遞減的趨勢。例如，與 2010/2011 週期相比，2011/2013 週期的收益下降了 82%，而這一趨勢在後續週期中延續了類似的下降 79% 和 82%。

For Brandt, if this trend persists, the peak of $73,777 recently reached could very well represent the pinnacle of this cycle. Additionally, Brandt has issued clear warnings of a potential price drop in bitcoin. Currently, the flagship crypto is struggling to maintain the $70,000 threshold. The expert estimates that if bitcoin falls below $65,000, it could quickly drop to $60,000, and if this level does not hold, a descent to $48,000 is conceivable.

對於 Brandt 來說，如果這種趨勢持續下去，最近達到的 73,777 美元的峰值很可能代表這個週期的頂峰。此外，布蘭特也對比特幣價格可能下跌發出明確警告。目前，旗艦加密貨幣正在努力維持 7 萬美元的門檻。專家估計，如果比特幣跌破 65,000 美元，它可能會迅速跌至 60,000 美元，如果這個水平不維持，則可能會跌至 48,000 美元。

This perspective starkly contrasts with the optimistic forecasts of some experts like Mike Novogratz and Robert Kiyosaki, who envision prices reaching $100,000 or more. Investors are therefore called upon to exercise caution in the face of these bearish perspectives.

這種觀點與 Mike Novogratz 和 Robert Kiyosaki 等一些專家的樂觀預測形成鮮明對比，他們預計價格將達到 10 萬美元或更高。因此，投資人在面對這些看跌觀點時應保持謹慎。

Maximize your Cointribune experience with our 'Read to Earn' program! Earn points for each article you read and gain access to exclusive rewards. Sign up now and start accruing benefits.

透過我們的「閱讀賺錢」計畫最大化您的 Cointribune 體驗！您閱讀的每篇文章均可賺取積分並獲得獨家獎勵。立即註冊並開始累積福利。

A graduate of Sciences Po Toulouse and holder of a blockchain consultant certification issued by Alyra, I joined the Cointribune adventure in 2019. Convinced of blockchain's potential to transform many sectors of the economy, I made the commitment to raise awareness and inform the general public about this constantly evolving ecosystem. My objective is to enable everyone to better understand blockchain and grasp the opportunities it offers. I strive each day to provide an objective analysis of the news, to decipher market trends, to relay the latest technological innovations and to put the economic and societal challenges of this unfolding revolution into perspective.

我是圖盧茲政治學院的畢業生，持有Alyra 頒發的區塊鏈顧問認證，於2019 年加入了Cointribune 冒險之旅。了解區塊鏈這個不斷發展的生態系統。我的目標是讓每個人都能更了解區塊鏈並抓住它所提供的機會。我每天都努力對新聞進行客觀分析，解讀市場趨勢，傳播最新的技術創新，並正確看待這場正在展開的革命所面臨的經濟和社會挑戰。