#BTC市场分析 Recently, Michael Saylor's views have been flooding the feed, claiming that if Strategy accumulates 5% of the total Bitcoin supply, the price could surge to $1 million—this number sounds crazy, but the logic behind it is actually worth pondering.

The inherent scarcity of Bitcoin determines its value density. As large institutions continue to make substantial purchases, the circulating supply shrinks, increasing supply pressure. Imagine if the most capable global funds are competing for the same limited asset—how could the price not rise? This is not speculation; it is the inevitable result of the law of scarcity.

The deeper significance is that this represents Bitcoin's transition from a "niche asset" to a "systemic asset." When traditional financial institutions regard BTC as strategic reserves, similar to central banks holding gold, the Bitcoin network gains not just capital but also credit endorsement. This paradigm shift is precisely the "great era" signal we've been waiting for.

Of course, this also reminds us of an important consideration: the value of decentralized assets ultimately comes from consensus. The more influential institutions participate, the stronger the consensus becomes. For ordinary people, the current opportunity window is—before this consensus is reached, we can still participate at relatively low costs.

The future is already here, just unevenly distributed.