Mexican Billionaire Says Bitcoin Will Hit $1.86 Million. What’s His Logic?

Crypto Insight Summary: Mexican billionaire Ricardo Salinas Pliego renewed his long-term Bitcoin thesis this week, pointing to gold’s total market value as the benchmark that could eventually send BTC toward $1.86 million per coin. In a post on X, the Grupo Salinas founder argued that reaching parity with gold’s market capitalization would require exactly that price. He also Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Influential billionaire's prediction may boost institutional interest in BTC.