Sumit Gupta Flags Bitcoin’s $840K Scenario: Can India Capture the Next Allocation Wave?

Bitcoin could reach $840,000 within five years under River’s most aggressive institutional-allocation model, but CoinDCX co-founder Sumit Gupta has challenged key assumptions behind it. River estimates $1.3 trillion to $5.3 trillion in net inflows if 20%–40% of investor portfolios adopt average Bitcoin allocations of 2%–4%. Source: X Using a three-times market-cap effect for every dollar […] Read The Full Article Sumit Gupta Flags Bitcoin’s $84…