Bitcoin has become a major topic of the day among several prominent figures and businesses in the crypto and financial sectors. While continuously flagged digital gold, the crypto king is predicted by many popular figures to reach the $1 million price mark in the following years.
Even though this forecast is expected to occur in the long term, some still consider the price level a daring and overly optimistic target for the digital asset. However, the founder remains unmoved or unhinged by this skepticism, stating that he is an adamant fan of the crypto leader.
Speaking on the major drivers, Koffman has highlighted BTC’s limited supply. With only 21 million in circulation, she stated that the Bitcoin Act will allow the US government to buy about 200,000 BTC each year, thereby limiting supply and pushing prices higher.