If the market, that fickle lover of assets, were to embrace Bitcoin as the digital twin of gold, the price of a single coin would not be languishing at the shadow of $100,000. Instead, it would soar, a comet trailing fire through the void of fiat.
Yet, according to Bill Miller IV, a prophet of numbers, the price would ascend to $1.7 million, a number so grand it might as well be a fairy tale.
Now, as gold climbs its gilded ladder, critics, ever the harbingers of doom, declare the correlation dead. Miller, however, sees not death, but a dance of opposites-two stars orbiting different skies.
The $1.7 million math
Miller’s calculation, a riddle wrapped in arithmetic, posits that if Bitcoin were to inherit gold’s entire monetary crown, the price would need to rise 19fold. A feat as improbable as a poet writing a sonnet in a language of fire.
His musings follow a rift between gold’s ascent and Bitcoin’s stumbles, a cryptocurrency that flails like a child learning to walk. Gold’s 2026 rally, fueled by central banks and geopolitical paranoia, contrasts sharply with Bitcoin’s feeble attempts to breach $90,000.
Yet Miller, a man of faith in numbers, points to the absence of correlation. “Why expect them to move as one?” he asks, as if the universe itself were a riddle.
As reported by U.Today, Miller remains bullish, a lighthouse in a storm of doubt.
More than digital gold
Cathie Wood, with the precision of a scalpel, dissects the narrative that Bitcoin is merely “digital gold.” To her, it is a beast with miles to roam, a steed galloping toward horizons yet unseen.
She argues Bitcoin is both a risk-on and risk-off asset, a chameleon of markets. And in her eyes, it is harder money than gold, a relic of physics and patience.
Yet here lies the irony: a digital dream, born of code, now vying for the throne of a metal forged by time.
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2026-01-25 13:29