Bitcoin price debate: 300k target as wealth redistribution vs. market fundamentals

I found the idea that Bitcoin could be driven up to an extreme like 300k mainly as a mechanism to distribute wealth to everyone to be questionable. The notion that current corrections could be used to reposition prices and then rally back to substantial gains, followed by more buybacks, sounds like a cycle that could be more about manipulation or market psychology than fundamentals.

Rather than a clear bullish trajectory, the argument hints at opportunistic moves tied to perceived corrections, which may not reflect sustainable value creation. In other words, price targets seem less about real-world utility or adoption and more about staged pullbacks and renewed buying pressure.