Former PayPal President talk say Bitcoin fit reach $1.1M–$1.5M
David Marcus, wey be former PayPal president, don yarn again say e get pesin wey believe say long-term Bitcoin go rise well, sey BTC fit reach $1.1 million–$1.5 million if e capture value wey equal to gold market cap. Marcus talk say Bitcoin get fixed supply and e easy to carry (you fit recover am with 12-word seed phrase) as advantage pass gold and e use market-cap compare show how price fit theoretically go, but e no give any timeline. Di articles talk say market context now: BTC dey trade near $87,600 and e dey test support around $89k–$91k as headline-driven volatility from geopolitical and trade news dey shake market. Critics talk practical difference — gold get industrial and jewelry demand wey give am baseline utility — and dem point risks like losing seed-phrase, adoption speed, regulation, institutional integration, and market infrastructure. For traders: Marcus endorsement dey strengthen Bitcoin narrative as scarce store of value and e suggest very big theoretical upside if BTC take part of gold market cap, but short-term price movement still dey sensitive to news flow and risk sentiment. SEO keywords: Bitcoin, BTC price target, David Marcus, store of value, market cap comparison.
Bullish
Marcus high-profile endorsement and di market-cap comparison to gold na basically dey bullish for Bitcoin story and fit support medium-to-long-term demand from investors wey dey position BTC as digital gold. Di story dey reinforce scarcity and portability arguments wey institutional and retail investors dey often cite when dem dey allocate to BTC, mean say big theoretical upside fit happen if capital shift from gold go Bitcoin. But Marcus no give any timeline and critics mention structural risks (seed-phrase security, regulatory and adoption hurdles). For short term, di news no likely to cause sustained price breakout by itself; BTC dey trade near $87.6k and still dey vulnerable to headline-driven volatility and macro factors (risk sentiment, Fed guidance, dollar moves). Traders suppose see dis as bullish sentiment wey fit increase demand and positive positioning over time, but expect continued short-term sensitivity and possible pullbacks until clearer, sustained flows or regulatory clarity confirm increased capital migration from gold or other asset classes.