Recent reports and analyses have sparked discussions in the cryptocurrency community as bold new price calls for Bitcoin emerge. Cathie Wood's ARK Invest, in its 'Big Ideas 2024' report, has projected that the price of Bitcoin could reach $2.3 million if 19.4% of the global investable asset base, which amounts to $250 trillion, is allocated to Bitcoin. This projection aligns with a separate analysis referred to as the 'Bitcoin Power Law,' which predicts a $1 million Bitcoin price by 2033.
NEW: According to ArkInvest’s “Big Ideas 2024” report, the price of 1 Bitcoin is projected to reach $2.3 million 😱 if 19.4% of the $250 trillion global 🌎 investable asset base is allocated to #Bitcoin. https://t.co/8w2aANwKKa
Bitcoin 'Power Law' Predicts $1 Million BTC Price by 2033—Here's How It Works ► https://t.co/8CaBApm2AJ https://t.co/8CaBApm2AJ
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