{
Murray A. Rudd

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001122334455554433221100

bitcoin could exceed one million dollars by 2027 according to new model

A new model suggests Bitcoin could exceed $1 million by January 2027, driven by its fixed supply and increasing demand from institutional adoption and strategic reserves. The framework highlights how modest daily withdrawals and growing liquidity could lead to significant price volatility and appreciation. Under aggressive scenarios, Bitcoin might even reach $2 million by 2028, emphasizing the interplay between scarcity and demand in shaping its future value.
CryptoSlate
MicroStrategy Incorporated Murray A. Rudd Dennis Porter
Finance & Economy, Market Report
13:51 18.12.2024
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