2% Pension Fund Shift Fit Send Bitcoin Price Reach $175K
Bill Miller IV wey be CIO for Miller Value Partners talk say if pension funds for whole world begin put small percentage for crypto, Bitcoin price go jump well well. Dem get like $60 trillion assets for pension wey no get anything for crypto. Miller talk say if dem shift even 1%, e fit boost Bitcoin price by $30,000. If dem put 2%, e fit make Bitcoin price waka reach $175,000—wey pass 50% from how e dey now. E yan say normal assets dey lose about 2% every year because inflation, so if money waka go Bitcoin, e fit bring better profits. More big big investors dey enter market now, plus spot Bitcoin ETFs dey make market open and people believe am more. If pension funds join, short-term wahala fit happen with price, but long term, market go strong as new money go dey enter Bitcoin.
Bullish
Miller talk say big big institution money go enter if pension funds put small part of their $60 trillion asset for Bitcoin. For history time, tins like launching Bitcoin spot ETFs don always bring steady capital inand price rise. If dem put 2% allocation, e fit reduce the available supply sharply and increase demand, this go make Bitcoin price rise quick as traders dey expect say more institution go enter. For long term, steady money wey pension funds dey put go make market get better liquidity and confirmation, e go make Bitcoin and wider crypto markets look good.