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Bitcoin to hit $1 million by 2027 using new adoption pricing model – TON BOT

TON BOT

Bitcoin to hit $1 million by 2027 using new adoption pricing model

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A new supply-and-demand equilibrium model predicts that Bitcoin could surpass $1 million by January 2027 based on current adoption trends and liquidity. The model, created by Dr. Murray A. Rudd and Dennis Porter, factors in Bitcoin’s fixed supply and institutional adoption. It suggests that growing institutional presence could drive the price to seven-figure levels in less than three years, with potential for even higher values in the future. This forward-looking approach contrasts with traditional statistical models, focusing on Bitcoin’s limited supply and demand factors to forecast price trajectories post-halving. The model highlights the potential for significant appreciation and volatility as new market participants influence the digital asset’s finite supply.

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