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Major Bitcoin Update: Price to Surge to $1M by Early 2027?
Latest Research Suggests that Bitcoin Can Soar $1 Million by 2027. Institutional adoption Rises. Sovereign Reserves also Grow. What Now?
Author by
Prabaha Gupta
According to the latest studies, Bitcoin’s price could finally go up to $1 million by 2027. A lot of new institutional investors are showing interest in coins this week. Not only so. The coin is currently observing a supply-demand imbalance which shows that trading volumes are also increasing leaps and bounds.
In February, a study was conducted to track Bitcoin’s future traction by the Satoshi Action Fund. The outcomes of the research were shocking.
Peer-reviewed study predicts #Bitcoin could hit $1M by early 2027 š š¤ pic.twitter.com/P8AHWe8igw
— Crypto with Ankit (@Cryptowithankit) February 15, 2025
The $1 million price mark seems a reality now!
A recent study using the constant elasticity factor of demand function analysis shows that Bitcoin’s fixed supply and growing demand are on the rise. It includes data from April last year when the coin was trading at a mere $64860.
The main findings from the analysis show that Bitcoin can reach $ 1 million by the end of late 2028. In the meantime, demand is gradually growing higher than expected. That means the $1 million mark can be achieved by early 2027.
Prabaha Gupta
Editor
Meet Prabaha, a passionate cryptocurrency enthusiast and experienced trader, with a deep understanding of blockchain technology and digital assets. With years of hands-on experience in navigating the volatile crypto markets, Prabaha shares expert insights, strategies, and up-to-date trends to help both new and seasoned traders make informed decisions. When not analyzing charts or writing about market movements, Prabaha stays ahead of the curve by exploring emerging technologies within the crypto space.
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