Quick estimation of Bitcoin price potential based on millionaires jumping on board.

There are 56,000 Millionaires in the world with a collective wealth of $191 Trillion. For ease of calculation, let’s round that up to $200 Trillion.

Let’s say that each Millionaire decides to put 1% to 5% of their wealth into Bitcoin.

Then $2 Trillion to $10 Trillion goes into Bitcoin.

Ignoring supply pressure at the margin of lost coins and HODLers who won’t sell at any price, That’s 4x to 20x todays price.

But the analysis is too simplistic because just a few billionaires investing heavily would make a significant impact on the price.

Keep stacking.