Markus Thielen, the research director at 10x Research, stated that the prediction of Bitcoin reaching $1 million by 2030 lacks data support. Thielen pointed out that the capital inflow into Bitcoin over the past 15 years has been far lower than the funds required in the next four years. He estimates that Bitcoin needs to attract $15 trillion in funding to achieve a price of $1 million per Bitcoin, which is equivalent to about 25% of the total market capitalization of the U.S. stock market flowing into Bitcoin over the next four years.
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