Hedge fund manager Bill Miller IV predicts significant growth in Bitcoin’s price due to a potential 1% allocation of retirement funds. Based on a global retirement fund size of $60 trillion, this small investment could translate into a $30,000 increase for Bitcoin’s value. Miller’s view highlights the growing acceptance of Bitcoin as a viable alternative to fiat currencies amidst inflationary pressures. This aligns with the increasing interest from institutional investors and endowments like Norges Bank and Harvard’s endowment who are diversifying their portfolios with cryptocurrencies. The potential impact on market dynamics is significant, as even small allocations could drive substantial price appreciation.