If this scenario occurs, Bitcoin could skyrocket by up to 282%.

Iravan774

The anonymous host of the YouTube channel InvestAnswers stated in an interview that Bitcoin could soar by 282% from its current levels after the approval of a spot Bitcoin exchange-traded fund (ETF), due to increased demand.

According to the InvestAnswers host, institutional investors entering the ETF is just a "small allocation game" so far, but this situation is about to change.

"Well, the money hasn't arrived yet, but the institutions have come. They've watched for 90 days, and so far, it's been a small allocation game for ETFs. When big money starts allocating, even if it's just 1% of managed assets, theoretically prices can easily break $200,000, $250,000."

The host of InvestAnswers stated that Bitcoin is currently at the forefront of a sharp decrease in supply.

"My conservative price target, if this ETF consumption continues, I've raised the price target for this bull run from $150,000 to around $170,000.
Now, when we encounter supply shortages, things could get very crazy, meaning if no one is selling. There will always be buyers buying Bitcoin at $1,000, $3,000, and $10,000... They'll sell Bitcoin to make some cash. That won't satisfy the appetite of these incoming large institutions."

The anonymous host of InvestAnswers suggested that his conservative price target may achieve historical highs sooner than the usual 18 months required after Bitcoin halving.

"I noticed things are happening earlier, faster, which means the 18 months could be pushed up to early summer 2025...
So, the $170,000 target is approximately achieved by mid-2025."

Yamini003

The overall theoretical framework is not a big issue, as long as it is well managed.

Indra55

Such theories still need to be examined more closely.