During my recent browsing on Twitter, besides news related to Virtual, the most common statement is the widely quoted viewpoint of Michael Saylor: "The Bear Market will not appear again, and the price of Bitcoin will reach 1 million dollars." This statement comes from an interview he had with Bloomberg.

In the face of such assertions, my first feeling is one of doubt: is this expression too vague and difficult for the general public to understand?

I think there are a couple of key points here that need to be clarified:

How exactly is a Bear Market defined?
What time scale should be used to determine that the Bear Market has ended?
What is the timeframe for Bitcoin to reach 1 million dollars?

With these questions in mind, I referred to the reports from Bitcoin Magazine; however, unfortunately, the article did not provide a clear explanation of these time dimensions.

As a steadfast veteran in the crypto space, Michael Saylor's belief in Bitcoin is undoubtedly rock-solid. From my understanding, his predictions of the "end of the Bear Market" and "Bitcoin reaching a million dollars" are likely based on a long-term perspective of ten years or several decades.

If we indeed start from this long-term time dimension, I completely agree with his viewpoint, especially regarding the prediction that Bitcoin will eventually reach a value of one million dollars. Observing the development trajectory of crypto assets over a long time span is truly exciting.