Analyst Predicts Bitcoin Surge to $175,000 with 1% of Retirement Fund Allocation

A recent analysis predicts a dramatic price surge for Bitcoin if just one percent of global retirement funds are invested in the cryptocurrency. The forecast suggests that this relatively small allocation could reach nearly $600 billion, resulting in a price jump of over 50%, reaching well above $175,000. This would be a significant development if realized, as global retirement assets are estimated to exceed $60 trillion. This prediction is based on the limited supply of Bitcoin and the increasing demand from institutions such as Harvard University’s endowment fund and Norway’s sovereign wealth fund.