BlackRock, the $9.1 trillion asset management giant applied for a spot Bitcoin ETF in partnership with Coinbase, which if approved can send the BTC price on a parabolic ascent to $773,000 per coin, according to top crypto analyst InvestAnswers.
The analyst stated that the Bitcoin price could rise to $773,000 if BlackRock allocates a 5% share. On the other hand, this estimate can be considered to seem quite maximalist in the current situation.
“If, as analyst Dan Tapiero said, they add 5%, which I think is very aggressive. Maybe with time, maybe in the next three to five years, it will be possible. This will quite easily push the price of Bitcoin to $773,000 in the next three to five years.”
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