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THIS IS HOW LITTLE IT TAKES
According to Bitwise, Bitcoin doesn’t need a mass exodus from gold to move dramatically.
Just 1% of gold’s market cap rotating into $BTC pushes fair value toward ~$134K.
At 2 to 3%, you’re talking $160K to $190K.
At 5%, #Bitcoin starts looking like $240K+.
Gold is a ~$15T market & Bitcoin is still tiny by comparison.
Even small reallocations matter when supply is fixed, that’s the setup people keep underestimating.