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One particular consideration is the recent surge in wealth among the top 1% of the population. Their net worth has increased from $40 trillion to $50 trillion over the same period, representing a significant $10 trillion increase. If even a small fraction of this wealth were to be allocated to Bitcoin, the implications would be substantial. With approximately $135 million needed to move Bitcoin's price by 1%, a hypothetical 1% rotation of the top 1%’s wealth towards Bitcoin could facilitate a staggering 700% price increase.
However, this scenario hinges on the influx of capital occurring simultaneously, making it a theoretical exercise rather than a certainty. Nonetheless, the question remains: will we witness a notable reallocation of capital towards Bitcoin in the coming months?