Part 3/16:
Price Models and Predictions: The analyst cited models suggesting diminishing returns but also highlighted optimistic scenarios—such as a $420,000 price if just 1% of global assets allocate to Bitcoin, pointing to a market cap around $7.4 trillion.
Modeling the Future: With current flows and multiple multiplier effects, some models project Bitcoin could reach well beyond half a million dollars—up to $486,000—assuming sustained growth and inflows.
Historical Analogies: The launch of gold ETFs during its 8-year bull run serves as a precedent. Bitcoin, being scarcer than gold, could follow a similar pattern, especially as the number of lost coins diminishes, potentially creating a prolonged bull run.