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A price target of $700,000 for $BTC has surfaced in analyst commentary, but the thesis carries a sharp prerequisite — Bitcoin would need to displace existing instruments and establish itself as the world's primary treasury asset.
The Logic Behind the Number The six-figure target is not a technical call.
According to reporting by Investing.com, the $700,000 case rests entirely on the premise that governments, corporations, and sovereign institutions would come to hold Bitcoin the way they currently hold reserve currencies or gold.
Without that shift in the global financial architecture, the price thesis does not hold.
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