In a recent interview, Udi Wertheimer, a prominent figure in the crypto community, presented a compelling argument for why Bitcoin's price could surge to $400,000 by the end of the year. He highlighted that a new buyer dynamic has emerged, as institutions have been acquiring Bitcoin from long-term holders without selling. These new buyers, described as 'forced buyers,' are reshaping the market significantly. Wertheimer illustrates this concept by referencing Michael Saylor, whose firm is essentially required to continue buying Bitcoin to maintain its value. This structural change is unprecedented, leading to a gradual supply crunch as old holders exit the market. Wertheimer suggests that we are nearing the end of this transition, predicting explosive price movements as the demand intensifies and availability decreases. He comments that Wall Street has been quietly accumulating Bitcoin, and the resulting price target of $400,000 may soon appear conservative.

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