【How much can Bitcoin rise?】

Jason Huang, founding partner of NDV (NextGen Digital Venture), stated during a connection with Tiger Brokers on November 18 that:

Bitcoin will be officially accepted by mainstream finance after the ETF passes in January 2024, and its performance over a two-and-a-half-year period under a trillion-dollar scale is "acceptable".

He pointed out:

• The total supply of Bitcoin is only 21 million coins

• The market value of gold is approximately 23–25 trillion USD

Compared to asset scales, Bitcoin still has huge upward potential in the long term.

Jason believes that after the ETF passes, Bitcoin's price has shifted from being "story-driven" to "demand-driven".

Amid global political and economic instability and the impact of Trump's tariff war, Bitcoin and gold have rebounded first, and are seen by more investors as "digital gold".

He expressed optimism about the medium to long-term trend.