The crypto world is buzzing with bold predictions and intriguing comparisons, particularly around Bitcoin (BTC) and Dogecoin (DOGE). A captivating thesis has emerged, suggesting that Bitcoin is poised for a monumental bull run, potentially mirroring Dogecoin's staggering ascent in 2020-2021. Let's dive in!

加密世界正在嗡嗡作响，以大胆的预测和有趣的比较，尤其是在比特币（BTC）和Dogecoin（Doge）周围。出现了一个迷人的论文，这表明比特币有望进行巨大的牛un跑，有可能反映狗狗币在2020 - 2021年的惊人上升。让我们潜入！

The Wertheimer Thesis: Bitcoin as the New Dogecoin?

Wertheimer论文：比特币作为新的狗狗？

Udi Wertheimer, a long-time Bitcoin advocate, ignited a fresh debate with his recent analysis. He argues that Bitcoin is undergoing a rare “rotation,” where early, price-sensitive holders are being replaced by institutional players – ETFs, corporate treasuries, and even nation-states – who are less concerned with short-term price fluctuations.

长期的比特币拥护者Udi Wertheimer通过他最近的分析引发了一场新的辩论。他认为，比特币正在经历罕见的“轮换”，在那里，早期的，价格敏感的持有人被机构参与者（ETF，公司国库甚至民族国家）所取代，他们不太关心短期价格波动。

Wertheimer draws parallels to Dogecoin's meteoric rise. He recalls how Elon Musk's 2019 tweet sparked an initial surge, lulling veteran traders into selling, only for TikTok-driven retail investors to propel DOGE from $0.0025 to nearly $1 within two years. He believes Bitcoin is now in a similar position, poised for a much larger “mindfuck.”

Wertheimer与Dogecoin的陨石崛起相似。他回想起埃隆·马斯克（Elon Musk）的2019年推文如何引发最初的激增，阻碍了资深贸易商销售，仅在蒂克托克（Tiktok）驱动的零售投资者中将Doge从0.0025美元提高到两年内的近1美元。他认为比特币现在处于类似的位置，有望为更大的“思想”做好准备。

Institutional Blindness and Sky-High Targets

机构失明和高空目标

Wertheimer contends that traditional capital market participants, like BlackRock and MicroStrategy, are essentially “blind” to earlier cycle highs. They measure performance from the January 2024 ETF launch or in dollar-notional terms. He suggests these entities are simply accumulating as much Bitcoin as possible, regardless of price.

Wertheimer辩称，像BlackRock和MicroStrategy这样的传统资本市场参与者本质上是对早期周期高点的“盲目”。他们从2024年1月的ETF发布或以美元纳入方式来衡量性能。他建议这些实体只是在尽可能多地积累比特币，而不管价格如何。

His price target? A staggering $400,000 by the end of the year! He even suggests this might be conservative, predicting another order-of-magnitude revaluation once the world truly believes.

他的价格目标？到年底，这笔惊人的$ 400,000！他甚至认为这可能是保守的，一旦世界真正相信，就可以预测另一种刻板级的重估。

Altcoins Beware?

altcoins当心？

Wertheimer is particularly bearish on altcoins, suggesting their brief outperformance won't match the capital flowing into Bitcoin. He singles out Ethereum (ETH) as potentially the biggest loser, forecasting that MicroStrategy's market cap could surpass Ether's.

Wertheimer对Altcoins特别看跌，这表明其简短的超越性能与流向比特币的资本不符。他将以太坊（ETH）挑出可能是最大的失败者，预测Microstrategy的市值可能会超过以太币。

MicroStrategy's Bold Bet on Bitcoin

MicroStrategy对比特币的大胆下注

Speaking of MicroStrategy, Michael Saylor's unwavering Bitcoin strategy has pushed the company's market cap to a record high. Since 2020, they've accumulated over 226,000 BTC, becoming a leading institutional Bitcoin holder. This success story validates long-term holding strategies and signals increasing institutional confidence in crypto.

说到微型造影，迈克尔·塞勒（Michael Saylor）坚定不移的比特币战略使公司的市值达到了创纪录的高度。自2020年以来，他们积累了超过226,000 BTC，成为了领先的机构比特币持有者。这个成功的故事验证了长期持有策略和信号，从而增加了对加密货币的机构信心。

Dogecoin's Enduring Appeal

Dogecoin的持久吸引力

While Bitcoin grabs headlines, Dogecoin remains a relevant player. It has a strong community and real-world utility, with widespread merchant acceptance. While analysts predict modest upward momentum, its accessibility and cultural relevance keep it attractive.

当比特币抓住头条新闻时，Dogecoin仍然是相关的球员。它具有强大的社区和现实世界的实用性，并接受了广泛的商人接受。尽管分析师预测适度的向上势头，但其可及性和文化相关性使其具有吸引力。

BlockDAG and Other Cryptos to Watch

Blockdag和其他加密货币

Besides Bitcoin and Dogecoin, other cryptos are generating buzz. BlockDAG (BDAG) combines accessibility with early adoption, while Shiba Inu (SHIB) builds a full-fledged ecosystem. Pepe (PEPE) thrives on meme energy. Each brings something unique to the table.

除了比特币和狗狗，其他加密货币还引起了嗡嗡声。 BlockDag（BDAG）将可访问性与早期采用相结合，而Shiba Inu（Shib）建立了一个成熟的生态系统。 Pepe（Pepe）在模因能量上蓬勃发展。每个都带来了桌子独特的东西。

The Takeaway: Buy Bitcoin Now?

要点：现在购买比特币？

Wertheimer urges readers to accumulate Bitcoin immediately, warning that waiting for dips is futile. He believes “Wall Street is buying all of the bitcoins… please buy some bitcoin before there isn’t any left.”

Wertheimer敦促读者立即积累比特币，警告等待下降是徒劳的。他认为“华尔街正在购买所有比特币……请在没有剩下之前购买一些比特币。”

Whether Wertheimer's thesis holds true remains to be seen. However, it highlights the shifting dynamics in the crypto market and the potential for significant gains (and risks!).

Wertheimer的论文是否真实还有待观察。但是，它突出了加密市场中的变化动态以及巨大收益的潜力（和风险！）。

Final Thoughts

最后的想法

So, is Bitcoin the new Dogecoin, destined for a generational run? Only time will tell. But one thing's for sure: the crypto rollercoaster is far from over. Buckle up, buttercups, it's gonna be a wild ride! And remember, never invest more than you can afford to lose – even if it means potentially missing out on retiring off a single Bitcoin. ;)

那么，新的狗果币比特币注定要世代相传吗？只有时间会证明。但是可以肯定的是：加密过山车还远远没有结束。搭扣，毛cup，这将是一次疯狂的旅程！请记住，永远不要投资超过您负担得起的损失 - 即使这意味着在退休单个比特币时可能会错过。 ）