A 1% allocation from global retirement funds could trigger a supply shock, sending BTC to $175k With less than 2M BTC on exchanges, a $600 billion inflow would cause immense price pressure A new US crypto bill is expected by year-end, which could unlock institutional participation A new analysis highlighted by crypto influencer Altcoin Daily makes a powerful case for Bitcoin’s next major rally. According to Bill Miller IV, a mere 1% allocation of the world’s $60 trillion in retirement assets into Bitcoin could increase its price by more than $30,000. At current levels, such inflows could drive Bitcoin to around $175,000, a gain of over 50% from today’s market . Why a 1% Allocation Has Such a Massive Impact The logic behind this powerful projection rests on the simple math of a supply shock. A $600 billion inflow, which is 1% of the total retirement fund pool, would not be absorbed proportionally by Bitcoin’s current $2.2 trillion market cap. With fewer than two million Bitcoin currently available on exchanges, this immense new demand would collide with a highly constrained supply. Altcoin Daily suggested the result would be “crazy” upward pr… The post How a Mere 1% Shift in Retirement Funds Could Send Bitcoin to $175k appeared first on Coin Edition .