Raising BTC prediction to $2,500,000 by Jul 2025 + Analytics.

1. It's confirmed by the SEC that they will launch majority of Spot ETFs in 2024.
2. The total (ex BTC) of this market is 782B today? .
3. There's been pent up demand for institutions to buy Bitcoin since 2017-2024 that's 7 years of a period where the large money has been just eye balling Bitcoin.
4. People still compare Gold's market cap to Bitcoin when Gold only accounts for active supply.
Bitcoin's market cap is incorrect as it counts for all the supply (even non active).

This means the market is still using a false Bitcoin market cap formulation based on the supply is not there.

5. Gold miners could expand and mine more Gold to offset the rising Gold rush price containing it even though it went parabolic. Bitcoin miners cannot miner "more bitcoin" the halvening actually goes in the opposite direction.
6. My original projection was around 250,000-622,000 based on a Gold Spot ETF Rally.
tradingview.com/chart/GOLD/tSxue9Kv-bitcoin-following-in-golds-footsteps-wen-etf/.
7. Every Spot ETF provider has not bought Bitcoin yet besides the small amount for seeding. Meaning they're all waiting to launch to buy their own ETF to increase the AUM to market it.

Adjust to the real Bitcoin on the market to the market cap gained per dollar invested you can clearly see there is a major major miss calculation on the Bitcoin price.

I am expecting the biggest Spot ETF inflow / bull run in history next year followed by a 5-10 year cool off winter period starting in 2025-2035.

Institutions are going to launch ETF's with derivatives and run long synthetic futures writing every put option they can sell. Buying every call they can of each others market. They can guarantee this bet as they can control the Bitcoin price with little capital.

Now on the derivative market,
120.54K BTC 5.26B CME

Two final possibilities
1. There is no demand for Bitcoin and it crawls sideways for years to come
2. There is demand (implying the move will be faster than you can imagine) leaving majority of retail in a winter (like what happen with the Spot Gold ETF).

If this still has not clicked yet, think of The Big Short now invert it to The Big Long. The moment money hits this market and it moves a direction you will know.

-------------------------------------------------------------------
-----circulating supply of Bitcoin at 4,036,433 BTC------

Bitcoin Price Target (USD)
Fixed Multiplier Required USD Spent (Billion USD)
Projected Market Cap (Trillion USD)
------
$250,000 50 20.18B 1.01T
-------------
$500,000 50 40.36B 2.02T
--------------------
$2,500,000 50 201.82B 10.09T
-----------------------------
$5,000,000 50 403.64B 20.18T
------------------------------------------------------------------




-----circulating supply of Bitcoin at 8,000,000 BTC ----
Bitcoin Price Target (USD)
Fixed Multiplier Required USD Spent (Billion USD)
Projected Market Cap (Trillion USD)
------------
$250,000 50 40B 2T
-------------------
$500,000 50 80B 4T
---------------------------
$2,500,000 50 400B 20T
----------------------------------
$5,000,000 50 800B 40T
--------------------------------------------------




circulating supply of Bitcoin at 21,000,000 BTC
Bitcoin Price Target (USD)
Fixed Multiplier Required USD Spent (Billion USD)
Projected Market Cap (Trillion USD)
--------
$250,000 50 105B 5.25T
------------------
$500,000 50 210B 10.50T
-------------------------
$2,500,000 50 1050B 52.50T
-------------------------------
$5,000,000 50 2100B 105.00T
--------------------------------------------------

"SEC told spot #Bitcoin ETF applicants to "submit final changes by the end of next week", sources tell Reuters."