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Bitcoin price now makes no sense, will be completely different in 2027-2028

An analysis says bitcoin should be trading at a higher value than it is now because markets are not properly reflecting the macroeconomic environment and structural changes in digital assets. Keyrock CEO and co-founder Kevin de Patoul said bitcoin failed to rise as much as expected despite regulatory progress and growing institutional investment. He said institutions often sell first in periods of stress, limiting gains. He expects on-chain transition in traditional capital markets to accelerate in 2027-2028.