According to CoinMeta, Bitcoin analyst Willy Woo has introduced a BTC price forecasting model based on Monte Carlo simulation. After 5,000 simulations, the model predicts that the median price in 2034 will reach $1.48 million, with the lowest 5% of simulation results also reaching $464,000. The model takes into account cyclical market structures, real probability distributions, and a power-law scaling mechanism, and excludes early market trends to reflect the modern market environment. These figures are generated based on specific assumptions and historical data and are not deterministic price forecasts.