Bitcoin Hitting All-Time High Every Year Has ‘Good Odds,’ Says Galaxy Executive, Claims All Institutions Should Buy

Core Viewpoint - A senior executive from Galaxy Digital expresses a bullish outlook on Bitcoin, predicting strong chances of it reaching new all-time highs annually despite market volatility [1][2]. Group 1: Bitcoin's Long-Term Prospects - Zac Prince, head of Galaxy One, believes Bitcoin benefits from structural tailwinds, even after a lackluster performance last year, and predicts it will hit new all-time highs each year [2][6]. - The disconnect between market sentiment and Bitcoin's fundamentals is evident, with extreme pessimism potentially signaling an inflection point for price recovery [3][4]. - Prince emphasizes that Bitcoin should be viewed as a long-term portfolio asset, combining store-of-value characteristics with venture-style upside [4][5]. Group 2: Institutional Adoption and Wealth Transfer - Institutional adoption is highlighted as a key driver for long-term demand for Bitcoin, with products like ETFs providing exposure to investors [8]. - Generational wealth transfer is identified as a significant factor that will drive Bitcoin's value in the future [6]. - Bitcoin is recommended as part of diversified portfolios to capitalize on these trends [8].