$1,000,000: Bitcoin Heading Upwards Due to Institutional Money ↑

After an interview with Kitco News, Brian Dixon, CEO of OTC Capital, stated that the upward momentum of the current crypto bull cycle could continue until 2025. According to their models, the BTC price is already significantly undervalued. "The trend line analysis model suggests that it should be worth around $136,000 today. Therefore, it's undervalued," Dixon said. "In the next 12 to 18 months, it could range between $500,000 and $1 million."

"It remains to be seen, but the floor could be around $150,000 to $200,000, with a ceiling of $1 million," he added. Dixon pointed to central banks and uncontrolled money printing as drivers of the price surge. "It's reached a point where we actually can't sustain it anymore, and the only way out is to print more money," he said.

As the conversation concluded, Dixon noted that "traditional investment firms still don't allow their clients to buy Bitcoin ETFs," indicating significant upside potential for Bitcoin. "There's around $40 trillion of assets under management controlled by these advisory firms, and that's money that hasn't even been able to be invested in these Bitcoin products yet," he said. "Eventually, customer demand will become so great and the pressure so high that they'll start losing customers if they don't allow it."

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