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Bloomberg strategists are once again confident that Bitcoin can reach $10k.
What’s interesting is the reaction from industry peers, who are evaluating that such a price level would require an extreme scenario like a nuclear war.
Some also believe it wouldn’t be easy unless fiscal policy sharply shifts toward deflation.
Personally, I find the debate over these extreme scenarios quite fascinating.
It’s a sign that Bitcoin is truly being recognized as a deflationary asset.
Of course, in the short term, macroeconomic conditions and regulations will matter more, but in the long run, as deflationary pressures intensify, assets with scarcity like Bitcoin will inevitably strengthen their position.
The fact that such extreme forecasts are emerging in the market shows how intense the interest in Bitcoin really is.
What would happen if a deflationary era were to arrive?