With the Bitcoin for Corporations Event just around the corner, lets take a look at the amount of fire power they represent...

What do you think would happen to the price of bitcoin put 1% of their cash reserves into bitcoin?

What about if they put 2%?

While that may sound in credibly unlikely, we are talking about averages here. When you have a company like MicroStrategy putting in a huge portion of their cash reserves it allows many other companies to put nothing in to get to that 1% average.

Based on research from ARK Invest in their "Bitcoin: Preparing for Institutions" report, Ark Invest said that a 1% allocation from S&P 500 companies would be enough to increase BTC/USD spot prices by roughly $40,000 from current prices.

Continuing down that rabbit hole, the projected price of bitcoin with different institutional allocations would look like this:

(Source: https://cointelegraph.com/news/corporate-buy-ins-could-take-bitcoin-price-over-500k-report)

While this isn't just corporations, you get the idea...

What should we expect from here?

Based on the ARK report mentioned above, the most likely allocation range will be from 2.55% when minimizing volatility to 6.55% when maximizing returns.

Given that projected range, it looks like the expected potential price from bitcoin is somewhere between those two models.

Which would point to a price of between $235k and $565k.

While this may represent a projection based on future decisions, it is based off of current cash positions.

If those cash positions go up, the potential price targets would also go up.

Also, this doesn't represent an ultimately price target, just a potential market cap increase should institutions fully embrace bitcoin.

It doesn't include what retail may add or how high the price may go during a high demand low liquidity crunch.

Either way, it likely means bitcoin is going a lot higher even if you don't subscribe to the post halving patterns continuing to repeat or the stock to flow model, though you probably should.

Technicals and potential-fundamentals both pointing towards much higher prices in the coming years for bitcoin.

Stay informed my friends.

-Doc