Bitcoin price is predicted to hit $1 million by early 2027, according to a recent study. This forecast is based on an economic model examining institutional accumulation effects and supply decreases on Bitcoin prices. Unlike traditional commodities, Bitcoin cannot be produced more when demand increases, making it highly vulnerable to supply shocks. The study highlights that if daily withdrawals from circulating supply remain above 1,000 BTC, the price of Bitcoin will move hyperbolically, even departing from the normal adoption curve by 2028. The study also suggests that if the withdrawal rate continues to increase sharply, the price of Bitcoin could potentially reach $2 million in 2027, and even soar to $5 million by 2031, showcasing the extreme impact of limited supply dynamics combined with institutional demand spikes. However, the authors caution against exaggerating the highest price projections, recommending to view these predictions as scenarios based on strong fundamental assumptions rather than absolute certainty. The study also mentions the increasing shift of Bitcoin into the hands of long-term holders, making it a macro strategic asset rather than just a speculative tool. This aligns with the rise of institutional adoption and the limited supply that cannot be increased at will. Remember, all investment decisions are in the hands of the readers, so it is essential to study and analyze before buying and selling cryptocurrency.
Harga Bitcoin Diprediksi Tembus Rp 16,8 Miliar Tahun 2027
