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Analyst: Contrary to popular belief, $1 million Bitcoin won’t happen in the next decade

“Using the best fit parameters, the model converges toward an asymptotic value for market cap of $1.63 trillion (in 2020 dollars) and an asymptotic price of $77,500. However, these values have high uncertainty due to the limited price history and high volatility of Bitcoin.” – Stephen Perrenod, OrionX


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