Bitcoin could hit $5 million by 2031 if daily liquid supply withdrawals exceed 1,000 BTC and current demand levels persist.
Researchers expect Bitcoin’s price curve to shift from adoption-based to hyperbolic growth as supply tightens starting in 2028.
Miner CEOs face backlash over ballooning equity-heavy pay, with shareholder approval falling as compensation outpaces performance metrics.
Bitcoin’s long-term price outlook just got a major bullish update from academic researchers. A new peer-reviewed study published in the Journal of Risk and Financial Management predicts Bitcoin could reach $1 million by 2027 and $5 million by 2031. The forecast relies on supply-demand dynamics and models how withdrawal rates from liquid supply influence price.
Researchers assume a constant demand multiplier of D = 30 and vary daily withdrawal rates to simulate future scenarios. The data suggests Bitcoin's price may enter a hyperbolic growth phase if demand stays steady and supply keeps falling.
Forecasts Built on Supply Constraints
The researchers outline multiple projections based on how quickly Bitcoin leaves the market. Under conservative scenarios, prices could reach $2.5 million by 2035. Moderate projections point to a $2–$3.5 million range by the same year. However, aggressive withdrawal rates—over 1,000 BTC per day—could push Bitcoin to $1 million by early 2027. Under this scenario, the price could double again by late 2027 and reach $5 million by 2031.
Moreover, the authors highlight a major shift in Bitcoin’s price pattern starting in 2028. They argue Bitcoin will transition from an adoption-based curve to a hyperbolic price movement. This change, they say, stems from tightening liquid supply and rising accumulation. Hence, supply—not sentiment—will drive the next phase of Bitcoin’s price evolution.
Miner Pay Faces Growing Scrutiny
Alongside price forecasts, another report sheds light on Bitcoin mining firms. VanEck analysts revealed that top U.S.-listed Bitcoin miners are paying executives more than peers in energy or tech sectors. In 2024, average miner CEO compensation hit $14.4 million—up from $6.6 million in 2023. Notably, 89% of this pay came from equity awards, raising red flags among shareholders.
Riot Platforms CEO Fred Thiel received the largest stock grant, totaling $79.3 million. That’s far above his peers. Shareholder approval for executive pay in mining firms now averages just 64%, compared to 90% in the broader market.
The post Bitcoin Could Hit $5M by 2031 as Supply Shrinks appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
