US financial firm River just dropped a new report with a bold Bitcoin price prediction. Their analysts say if crypto keeps gaining ground in investment portfolios, BTC could hit anywhere from $250,000 up to $840,000 over the next 3 to 5 years. The report also suggests carving out 10% of your portfolio for Bitcoin.

Forecast Range and Timeline

River lays out a scenario where investor interest in Bitcoin keeps climbing. If that plays out, they estimate the price could land in the $250,000–$840,000 range within 3 to 5 years.

Potential Inflows and Market Cap

The company’s analysts are eyeing possible capital inflows into Bitcoin of $1.3 to $5.3 trillion. With that kind of demand, they figure Bitcoin’s total market cap could surge to somewhere between $5.5 trillion and $17.5 trillion.

BTC Portfolio Allocation Advice

River also gives a clear take on portfolio strategy: they recommend dedicating 10% to Bitcoin. That advice goes hand-in-hand with their price and market outlook.