Recently, during a conversation with a seasoned Crypto Assets investor, he presented a thought-provoking perspective. This investor analyzed the rise patterns of Bitcoin during the last two bull runs and suggested that the new bull run could push the Bitcoin price to $300,000.

His argument is based on historical data: during the bull run of 2017, Bitcoin started at around $1000 and eventually soared to $20,000, achieving a 20-fold increase. In the bull run of 2021, Bitcoin rose from a low point of $3200 again achieving nearly a 20-fold rise, reaching an all-time high of $69,000.

According to this investor's speculation, if the current bull run follows a similar pattern, starting from a bottom of around $15,000, a 20-fold rise would indeed push Bitcoin to a height of $300,000.

This prediction is undoubtedly exciting, but it also raises a series of questions: Can historical patterns be simply replicated? How does the market environment differ from the past? How will factors such as regulatory policies and institutional participation affect this round of the bull run?

Although past performance does provide some reference, the high uncertainty of the Crypto Assets market still exists. When making decisions, investors should not only refer to historical data but also comprehensively consider current market conditions, technological developments, macroeconomic situations, and other factors.

Regardless, this analysis based on historical patterns provides us with an interesting perspective to explore the potential direction of the Crypto Assets market. However, caution and rationality are always indispensable factors in investment decisions.